DINAR OBSERVER DAILY July 20th

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 1306.465 1305.811
British pound GBP 1564.141 1563.359
Canadian dollar CAD 910.351 909.896
Swiss franc CHF 1201.342 1200.741
Swedish krona SEK —– —–
Norwegian krone NOK 139.540 139.470
Danish krone DKK 175.632 175.544
Japanese yen JPY —– —–
Special
Drawing Rights
SDR 1641.597 1640.776

Indicative rates – 07.20.2015

http://www.cbi.iq/

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The greatest remedy for anger is delay. – Thomas Paine

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*** Current News ***

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wmawhite (Dinar Guru) –  Citibank stated that it is working with the Trade Bank of Iraq to remove the obstacles to the Iraq currency to move freely around the global.
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rcookie (Dinar Guru) –   […isn’t this one big puzzle that corruption has to be stabilized to enhance these investments and protect the investor.]  CORRUPTION IS BEING STABILIZED ON A DAILY BASIS WITH THE ASSISTANCE OF EVERY WORLD AGENCY IMAGINABLE…UST…UN…WB…IMF AND THEIR OWN INVESTIGATIVE AGENCIES.
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Frank26 (Dinar Guru) –   Jubouri fired a bunch of ministers…and those seats have to be filled…that way you are compliant with Article 8… yes you are becoming Article 8 compliant…is it in effect…no…because the UN still has not removed Article 8…and also because the UN is just now meeting…and in all honesty you know it is going to take them a month to deal with these meetings…I’m not looking at September…I’m looking at October…they are doing all of the things really fast…so…IOO…we have calculated into September/October.   [post 2 of 2]
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Dinar Updates “The After Call – ReDux”!!

“Immediately following News Time!!”
from 7/18 – “After Call” w/Q&A!!

Smart phone user link – Click here

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Frank26 (Dinar Guru) –   IMO….I feel that we are very close…IMO there are some things being done right now…not only with the Iraqi dinar but with many currencies around the world…  I don’t think the topics or subjects that are being dealt with right now with currencies around the world is something we should get deep into…I don’t.  If we truly are…this close to the fire…don’t get so close that you burn yourself…observe it from a distance and prepare yourself to deal with that fire.    [post 1 of 2….stay tuned]
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Bondlady (Dinar Guru) –    Article:  “Nouri al-Maliki met the Kurdish politicians in Sulaymaniyah”  Quote:  “In a visit to the opponents of Massoud Barzani, the Kurdish politicians in Iraq, met Monday July 18th president of a coalition of state law, Nuri al-Maliki…”  this…was a super important meeting between the 2 largest blocks in parliament…they are also friends and have been for years, or at the very least political friends and yes allies …these 2 agreed on many many things in the past…it was called the erbril agreement…now that the union between kurds an erbril has been signed theres gonna be a lot of coming together instead of always throwing wrenches in the mix...this union makes majority things happen and forces blocks to make concessions, FOR THE BETTERMENT OF THE COUNTRY…this was the push they needed to…come together as a team…im really looking forward to seeing them finally getting there shxx together and I believe we will see all the laws needed to be passed come to light…huge big laws and enactments…
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rcookie (Dinar Guru) –   Article:  “World Bank and Government of Japan to Promote Inclusive Growth and Private Sector Development in Iraq”    THIS DIRECTLY FROM WORLD BANK WEBSITE…SO…WORLD BANK AND GOVERNMENT OF JAPAN ANNOUNCING SERIES OF 4 NEW GRANTS FROM JAPAN OF $2.1 MILLION TO SUPPORT IRAQS DEVELOPMENT & REFORM PROGRAMS TO ENHANCE INSTITUTIONAL EFFICIENCY AND PROMOTE GROWTH…HMMMM SOUNDS LIKE INSTITUTIONAL STABILITY.  WOW!
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!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

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tlm724 (Dinar Guru) –   Article:  “Kurdish lawmaker: redraft the constitution of the new needs to be a political consensus”   Quote:  “…the main components in Iraq, despite the installation of their rights in the Constitution but did not get them, referring to Article 140 of the Constitution…”   he is right, they never finished what they started with article 140.   …the gist of the whole thing…the disputed territories…without a resolution things will never get settled and run smoothly…having said that I do believe they are on the right track and trying to get and keep it together…
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wmawhite (Dinar Guru) –   Article quote:  “NATIONAL COALITION TO HOLD REGULAR MEETING TO DISCUSS REGIONAL & NATIONAL DEVELOPMENTS…”   Iraq is beginning to pull together the “REGION”…The regional business leaders see what is happening.
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rcookie (Dinar Guru) –   Article quote:  “CITIZEN BLOC REP SHAWKI REVEALS NAMES OF 19 MP’S FOR REMOVAL OF IMMUNITY IN PREVIOUS SESSION WITH 3 REMAINING NEEDED FOR CURRENT SESSION DUE TO VIOLATION OF ABSENCES RULES…”  WE HAVE HEARD A LOT ABOUT THIS IN LAST WEEK OR SO…JABOURI IN HOT PURSUIT OF MP’S IN VIOLATION OF ABSENCE LIMITS…16 FROM PREVIOUS SESSION…3 CURRENT…HOLDING FEET TO THE FIRE OF HIGHER STANDARDS… INSTITUTIONAL STABILITY….
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Iraqi Dinar/Dollar auction (most recent listing) 07-20-16

Currency Auctions Announcement No. 3242

This daily currency auction was held in the Central Bank of Iraq on the 07-20-2016

The results were as follows:

DETAILS NOTES
Number of banks 29
Number of remittance companies 16
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 146,727,081
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 146,727,081
Total offers for selling (US$) —–

More: http://dinarupdates.com/blog/
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rcookie (Dinar Guru) –   Article quote:  “PARLIAMENT CALLS FOR NAMES SUBMITTED FOR COMMITTEE SELECTION TO AMEND THE IRAQI CONSTITUTION AND SUBMIT PROPOSAL FOR PUBLIC REFERENDUM...”    THIS IS HUGE AS UNDERPINNINGS FOR LAWS THAT REQUIRE CONSTITUTIONAL AMENDMENT ALREADY UNDER WAY!  THIS COMMITTEE WILL BE CHARGED WITH CHANGING IRAQI CONSTITUTION IN REGARDS TO SOME LAWS TO BE AMENDED…AND PUT TO PUBLIC REFERENDUM.
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wmawhite (Dinar Guru) –     [with them entering the world heritage lists. what are your thoughts on the these new commemorative bank notes?]   Still…commemorative notes of a currency that is got used by its own country in paying its own bills?  This came about after the parliament and the GOI ratified the United Nations Educational, Scientific and Cultural Organization “UNESCO” requirements. Iraq then requested for the inclusion of the ancient cities and the marshes in the south to be placed on the World Heritage List.  This is the action of a country that believes it has a future and it wants its heritage recognized as well as protected. Good for them.
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rcookie (Dinar Guru) –   Article quote:  “PALIAMENT LEGAL COMMITTEE ANNOUNCES FEDERAL COURT LEGAL INCLUSION FOR PUBLIC VOTE ON GENERAL AMNESTY LAW NEXT WEEK AND JABOURI TO PUBLISH NAMES OF DEPUTIES WHO REFUSE TO VOTE WHILE DECLARING NATIONAL GUARD LAW NOT READY AT THIS TIME WITH MAJOR DIFFERENCES…”   WOW SO YOU HAVE IN INK AMNESTY AND FED COURT READY AND DELAY ON NAT GUARD…WHICH WILL NOT HAPPEN…
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Iraqi Dinar/Dollar auction (most recent listing) 07-17-16

Currency Auctions Announcement No. 3240

This daily currency auction was held in the Central Bank of Iraq on the 07-17-2016

The results were as follows:

DETAILS NOTES
Number of banks 27
Number of remittance companies 16
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 134,652,143
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 134,652,143
Total offers for selling (US$) —–

More: http://dinarupdates.com/blog/
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tlm724 (Dinar Guru) –   Article:  “Central bank: issuing banknotes commemorate the annexation of the marshes of the World Heritage List”   Quote:  “Central Bank of Iraq , congratulated the Iraqi people on the occasion of the inclusion of the marshes and archaeological sites in Iraq as part of the World Heritage list.”    thats how important this is! The CBI is going to introduce a commemorative banknote to commemorate this important event and you can bet I will get a few of them…
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Bondlady (Dinar Guru) –   Article:  “The Iraqi opposition is preparing for the establishment of the International Trade Fair”   imo, the world is really really opening its eyes and minds of the huge investment potentials to be had in Iraq,   …the marshes being protected by the world now will help security and also cuts down on countries holding Iraq water hostage, ((neighboring country fights where waters concerned)) which harms the marshes, and supports stability in many areas in Iraq…awesome Iraq keep moving forward.
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Aggiedad77 (Dinar Guru) –    Article:  “THE WORLD BANK AND THE GOVERNMENT OF JAPAN TO BOOST INCLUSIVE GROWTH AND DEVELOPMENT OF THE PRIVATE SECTOR IN IRAQ”  Keep in mind…that this money spoken of here is completely different than the “loans” the IMF has provided to Iraq…and in much of the situations where this arm of the WB is involved…this money does not require payback…but…the WB is getting involved to provide oversight on how the money will be used, where it will be used, and what programs get earmarked for itcan you say “ORGANIZATION”.  That is a good thing…these private sector entities are being pulled together and targeted for funds and assistance in a way that will promote “reforms” and the “private sector” for Iraq…more of the progress we want and need to see for them.
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Upgrading of Iraqi currency “dinar plastic (polymer)” Re-evaluate the value of the dinar

Upgrading of Iraqi currency dinar plastic polymerUpgrading of Iraqi currency dinar plastic polymer– Dinar plastic (polymer)

– Restructuring of the Iraqi currency

Re-evaluate the value of the dinar

– Iraqi dinar (polymer):…

Read More: www.dinarupdates.com/blog/
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rcookie (Dinar Guru) –   [...I thought that parliament was working all week to finish up 70 laws?   Is the statement about them coming back next week wrong…?]  THEY ARE WORKING ALL WEEK...THEY VOTED ON 3 AND READ 3 TODAY IN ADDITION TO CLOSED COMMITTEE MEETING OF KARRADA BOMBING INVESTIGATION AND COMPENSATION AND CARE OF VICTIMS TREATMENT IN TEHRAN…BY ALL REPORTS THE AMNESTY LAW HAS BEEN REVISED AND READIED FOR VOTE…
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Frank26 (Dinar Guru) –   [At first I was a little excited about “give me Mosul” and then things move quickly. Now its forget Mosul cos we’re not looking for that anymore. Yes, we have made great strides this year with their accomplishments but i can’t help but stop getting excited when i see you excited.]  For me to say we no longer need the liberalization of Mosul because we have it And upgrade it with we NOW seek the removal of the Program Rate…Leaves You depressed … Is confusing to my comprehension of an amazing progress.  One final thing …My Excitement is Serious.
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Aggiedad77 (Dinar Guru) –     Article:  “Distribution of financial grants to displaced families in Babylon”   I’m surmising here that the “instrument” for distribution of these funds to the families is likely some kind of card…electronic card…for protection of all involved…another positive sign of good things already in the works…patience…the BEST is yet to come.
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