{"id":10908,"date":"2015-09-13T10:00:22","date_gmt":"2015-09-13T15:00:22","guid":{"rendered":"http:\/\/dinarupdates.com\/observer\/?p=10908"},"modified":"2015-09-13T21:17:33","modified_gmt":"2015-09-14T02:17:33","slug":"the-dinar-observer-daily-sept-13th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=10908","title":{"rendered":"THE DINAR OBSERVER DAILY SEPT 13th"},"content":{"rendered":"

Thank You to all our members, MODS, VIP\u2019s, Chat Copiers and News Researchers at<\/strong><\/span><\/em><\/h2>\n

www.DinarUpdates.com<\/span><\/a><\/strong><\/span><\/h2>\n

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Word for the day…<\/em><\/strong><\/h1>\n

Ephesians 1:3 (NIV)<\/span><\/h1>\n

3 Praise be to the God and Father of our Lord Jesus Christ, who has blessed us in the heavenly realms with every spiritual blessing in Christ.<\/p>\n

Heavenly Father, Thank You for Your Amazing Love! Thank You for every spiritual blessing in Christ! In Jesus Name, Amen.<\/em><\/h2>\n

Mrs BGG<\/em><\/h2>\n

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Our liberty depends on the freedom of the press, and that cannot be limited without being lost. – Thomas Jefferson<\/em><\/span><\/h1>\n

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*** Current Posts ***<\/h1>\n

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tman23 –\u00a0<\/span><\/strong>On Thursday, Prime Minister Haider al-Abadi apologized for ((NOT)) attending the parliament session today for \u201cemergency reasons,\u201d after minutes of arriving at the parliament building…\u00a0(( AS I “heard”… and posted mid august…there was to be a move against the CBI on 9\/8…specific to the fact that Alak (Moshen Ismail) was going to be replaced…\u00a0No word on his being replaced…But by the news coming out…there is “something” going down at the CBI that is out of the “norm”<\/span>…<\/strong>
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BGG –\u00a0<\/span><\/strong>…the S.F. in the picture did not look like U.S. Spec Ops…it sounds like Maliki’s bunch deflecting attention by blaming Abadi’s raid on the CBI on the U.S. – much like blaming the U.S. for the National Guard Law – saying it is a “Joe Biden” attempt to divide the country… when in reality – it is just the opposite.\u00a0 It is a “balancing” of the armed forces in Iraq and not letting them run around under the direction of warlords and Maliki while he is in exile!\u00a0\u00a0<\/strong>[so you feel Maliki has left now<\/em>?]\u00a0\u00a0I am not sure – but he wasn’t in the meeting of top Shia leadership yesterday.<\/strong>\u00a0 [I guess the next few day will tell us, if he doesn’t appear when all these reforms get activated then we know he is on the run<\/em>.]\u00a0\u00a0yes we will.<\/strong>
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

\"\"Dinar Updates\u00a0\u200f@DinarUpdates\u00a0<\/strong><\/a>\u00a0<\/small><\/strong><\/p>\n

38m38 minutes ago<\/a><\/small><\/strong><\/p>\n

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Iran behind assassinations and abductions in Iraq<\/strong><\/em><\/p>\n

http:\/\/www.dinarupdates.com\/showthread.php?20034-Iran-behind-assassinations-and-abductions-in-Iraq&p=130583&viewfull=1#post130583\u00a0\u2026<\/a><\/strong><\/p>\n

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Nova –\u00a0<\/span><\/strong>WE MUST TAKE WHAT WE READ AND LIVE WITH THE FACTS.\u00a0WE ARE TOLD THAT THE SDR IS COMING IN OCTOBER OF 2015.\u00a0\u00a0WE ARE TOLD THAT THEY ARE GOING TO SELL INTERNATIONAL BONDS IN SEPTEMBER OF 2015 IN THE IQD.\u00a0THEN AT THE LAST MINUTE THEY SAY WELL WE ARE HOLDING ON THE SDR TILL LATE 2016 AND WE ARE SELLING EUROBONDS.\u00a0THEY TELL USE THERE RELEASING THERE NEW CURRENCY IN 2017.<\/strong>
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BGG –\u00a0<\/span><\/strong>Article:\u00a0\u00a0 “Central Bank denies the news of the storming of its building by military force<\/em>”\u00a0 \u00a0along with this article – released at the SAME TIME was the list of “money launderers” touted by Chalibi… that is a MUCH HARDER report to attack...<\/span>it’s easy enough to say “that never happened”…it’s another thing entirely when a long list of\u00a0 “known Maliki associates” gets published with it…\u00a0my take – they are attacking corruption at every level<\/span>.<\/strong>
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tman23 –\u00a0<\/span><\/strong>Article:\u00a0 “Central Bank denies the news of the storming of its building by military force<\/em>”\u00a0\u00a0\u00a0 Think about it…Iraq is active and trying to sell international bonds…An attack on the CBI would not fall on the favorable side…so could it be as simple as more security!\u00a0\u00a0There has been opposition to Iraq’s monetary reform…Iraq is moving forward with it…That said…it is not unbelievable that military forces are at the CBI…but bet your last dollar they are not US military forces… AND bet they are not storming through the CBI auditing Iraq’s money.<\/strong>
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

\"\"<\/a>Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Sunday evening at 7:30pm CST!!<\/span><\/strong><\/h2>\n

www.DinarUpdates.com<\/a>\u00a0–\u00a0save as favorite!!<\/strong>
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My Ladies –\u00a0<\/span><\/strong>WELL GUESS WHAT EVERYONE THERE IS NO SUCH THING AND IF THERE WERE SUCH A TRIGGER THERE IS NO SUCH \u201cSTORMING\u201d OF THE CBI THAT WOULD BE NECESSARY TO ACCOMPLISH THE TASK.\u00a0<\/strong>\u00a0WHEN THE DINAR RE-PRICES IT IS A VERY SIMPLE ADJUSTMENT IN THE SYSTEM AND IT\u2019S DONE!\u00a0<\/strong><\/span>\u00a0MONDAY WILL COME AND WE WILL STILL BE HERE AND THEN NEXT MONDAY WILL COME AND WE STILL BE HERE AGAIN.\u00a0 THE CBI INCIDENT IS JUST ONE MORE STEP IN THE REFORMS…\u00a0IRAQ CAN NOT REPRICE UNTIL THE SYSTEM AND THE MATH IS CORRECT FOR IT TO HAPPEN.\u00a0<\/span><\/strong>THAT SYSTEM AND THAT MATH IS ORIGINATING OUTSIDE OF IRAQ…WE NEED TO UNDERSTAND MUCH MORE THAN IRAQ AND THE TIMING IS SO OBVIOUSLY NOT THIS WEEKEND FOR IRAQ.\u00a0 [post 2 of 2]
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Kaperoni –\u00a0<\/span><\/strong>Article:\u00a0 “Parliamentary Finance: misguided policies were behind the decline in the Iraqi Central Bank reserves<\/em>”\u00a0\u00a0Well..it’s basic math..if you are going to sell more than you make, then your reserves go down.\u00a0\u00a0The solution is to sell less, increase revenue or get off the peg and away from the auctions.<\/span><\/strong>
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My Ladies –\u00a0<\/span><\/strong>WE ARE IN THE NEW BANKING SYSTEM, BUT WHAT DOES THAT MEAN?\u00a0 DOES IT ME AN \u201cRV\u201d? DOES IT MEAN BIG PAY DAY FOR US? NO IT DOES NOT.\u00a0IT MEANS THAT CHANGE IS COMING AND IS MUCH NEEDED.<\/span>\u00a0WILL THIS HAPPEN OVER NIGHT? NO IT WILL NOT.\u00a0<\/strong>\u00a0MANY FOLKS JUMPED AT 2 ARTICLES THAT CAME OUT YESTERDAY IN A PAPER FROM EGYPT TALKING \u00a0ABOUT THE CBI IS UNDER CONTROL OF THE USA…SOME…EVEN TOOK THIS TO MEAN THAT THEY MUST BE THERE TO BE PROTECTING THE PULLING OF THE TRIGGER FINALLY.\u00a0\u00a0WELL I JUST HAVE TO ASK WHAT DOES THAT EVEN MEAN? \u201cTHE PULLING OF THE TRIGGER?\u201d\u00a0<\/strong>[post 1 of 2….stay tuned]
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Parliamentary Finance describes the stages of the reform of the country’s economy: Urgent and progressive taxes and Customs<\/b><\/span><\/h1>\n

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\nSpecial scales News –\u00a0<\/b>He said the parliamentary finance committee member Haitham al-Jubouri, Sunday, on the progress of the government and the Parliament towards achieving the economic reforms of the country through two phases “hotfix” and “gradual reform”.<\/p>\n

Jubouri said L \/ scales News \/ “The government is taking major steps to reform the country’s economy as a whole,” stressing that “there are urgent steps to activate the taxes and customs in real time.”…<\/p>\n

http:\/\/www.dinarupdates.com\/showthread.php?20033-Parl-Fin-describes-stages-of-reform-Iraq-s-economy-Urgent-amp-prog-taxes-amp-Customs&p=130582&viewfull=1#post130582<\/strong><\/p>\n

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Frank26 –\u00a0<\/span><\/strong>Article quote:\u00a0 \u00a0“special forces stormed the Central Bank of Iraq a little while ago and has custody of the documents and all the documents from 2003 to the present day<\/em>…”\u00a0\u00a0\u00a0Told You this week would be something epic…There is much more to come.\u00a0 Told You 1…2…3 needed. \u00a03 is on fire… This article is but an apex.<\/strong>
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Millionday –\u00a0<\/span><\/strong>Quote: “According to a statement of the Central Bank \u00abmorning\u00bb received a copy of it is set to start events that will continue for two days in Albannaah capital Beirut on Tuesday in the presence of the Iraqi Central Bank Governor<\/em>…”\u00a0\u00a0 THIS IS THE REPORT OF CBI AT THE ECONOMIC FORUM —THEY EXPLAINED PLANS OF ECONOMIC REALITY…\u00a0THE FORUM IS GOING ON RIGHT NOW… THEY WANT THE IRAQI ECONOMIC REALITY AND BANKING IN IRAQ TO BE THE CENTER OF IT ALL — LEBANON HAS BANKS IN IRAQ SO OBVIOUSLY A PUSH\/HOPE IS WHAT MANY ARE LOOKING FOR.\u00a0\u00a0<\/strong>THE AMF [ARAB MONETARY FUND]\u00a0RATES WILL IMPACT IRAQ DUE TO THE MASSIVE BUSINESS AND TRADE EXPECTED AND OF COURSE THE MARKET — BANKING REFORM — THE IRAQI DEVELOPMENT ETC ETC.\u00a0\u00a0NOTE – MANY REPORTS ARE EXPRESSING THE GLOBAL GOAL OF IRAQ —\u00a0 NOTE — DO NOT FORGET THE MANY ECONOMIC FORUMS \/MEETINGS GOING ON RIGHT NOW — HUGE WEEK — HUGE.<\/strong>
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BGG –\u00a0<\/span><\/strong>[19 days till october 1 what do you think BGG<\/em>?]\u00a0\u00a0\u00a0IMHO – they will satisfy the WB and IMF before Oct 1<\/span>\u00a0(by all appearances).<\/strong>
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\"home7\"<\/a><\/p>\n

Iraqi Dinar\/Dollar auction 13-09-15<\/strong><\/span><\/h2>\n

Currency\u00a0Auctions\u00a0Announcement No. 3034 (most recent listing)<\/strong><\/p>\n

This daily currency\u00a0auction\u00a0was held in the Central\u00a0Bank\u00a0of Iraq on the 13-09-2015<\/p>\n

The\u00a0results\u00a0were as follows:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
DETAILS<\/td>\nNOTES<\/td>\n<\/tr>\n
Number of banks<\/td>\n23<\/td>\n<\/tr>\n
Number of\u00a0remittance\u00a0companies<\/td>\n6<\/td>\n<\/tr>\n
Auction price selling dinar \/ US$<\/td>\n1166<\/td>\n<\/tr>\n
Auction price buying dinar \/ US$<\/td>\n—–<\/td>\n<\/tr>\n
Amount sold at auction price (US$)<\/td>\n164,878,281<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n164,878,281<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/td>\n—–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

More:\u00a0http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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Poppy3 –<\/span><\/strong><\/strong>\u00a0they told abadi get this corruption stopped now…he ask by what means…they told him what ever it takes to move forward now at any cost…1 hour later US troops took over the Rasheed CBI BANK which is where Maliki has been laundering and stealing their money.\u00a0\u00a0ADABI HAS ORDERED AN AUDIT IMMEDIATELY FROM 2003 TILL TODAY. THE BLEEDING SHOULD BE STOPPED AND REFORM WILL CONTINUE TO MOVE FORWARD FAST.\u00a0<\/strong>
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Memphis –\u00a0<\/span><\/strong>Article quote:\u00a0 “Urgent \/ Iraq “special forces stormed the Central Bank of Iraq a little while ago and has custody of the documents and all the documents from 2003 to the present day…<\/em>”\u00a0\u00a0 so Iraq is again a sovereign nation giving US forces free reign to storm the offices of their central bank;\u00a0this story carries as much truth as when Shabibi had to flee by jet to Switzerland to avoid arrest only to appear at a symposium in Jordan a short time later.\u00a0\u00a0I can believe the event, just question the splainin’.<\/span><\/strong>
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tman23 –<\/span> October 2012 Shabibi went to Japan for conference, during that visit Maliki placed a warrant for Shabibi’s arrest……..<\/strong> \u00a0Lebanon is who has been working with Iraq on lifting the 3 zeros (not Turkey as Guru TD would claim from his inside source)…. When that arrest warrant came out for Shabibi (to be specific) he was in Tokyo…..<\/strong>The Central Bank Governor of Lebanon, Riad Salameh…In 2012, Governor Salam\u00e9 chaired the IMF and World Bank Boards of Governors held in Tokyo. He chairs the following bodies: the BDL Central Council, the Higher Banking Commission, the AML\/CFT Special Investigation Commission and the Capital Markets Authority. Salam\u00e9 is member of the Board of Governors at the International Monetary Fund (IMF) and the Arab Monetary Fund (AMF)……. \u00a0Recall the recent articles of Maliki and “funds” in Lebanon….. Also….<\/strong>Recall that Ali Alak (CBI governor) from articles (several) was said to be traveling with the Iraqi Bond roadshow to the US and London…… Yesterday an article places Ali \u201cKeywords\u201d in Lebanon……..<\/strong> Ali Akabar is the Deputy Governor of the CBI……. So which is it? Ali Keywords in Lebanon……<\/strong> Do we have one in the USA and one in Lebanon…… and TAKE [SPECIAL] NOTE!!<\/strong>…..during the absence – report of a “raid” on the CBI…
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

Dinar Updates<\/a>\u00a0retweeted<\/strong><\/p>\n

\"\"Reidar Visser<\/strong>\u00a0\u200f@reidarvisser\u00a0<\/a>\u00a07h7 hours ago<\/a><\/small><\/p>\n

With both Sistani & Sadr addressing Turkish hostage issue, seems fair to assume captors are indeed Shia. But also highly marginal ones.<\/strong><\/em>
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Tman23 –<\/span> On Thursday, Prime Minister Haider al-Abadi apologized for((NOT)) attending the parliament session today for \u201cemergency reasons,\u201d after minutes of arriving at the parliament building……<\/strong> \u00a0 ((( AS I “heard”….. and posted mid august)))……there was to be a move against the CBI on 9\/8……<\/strong>specific to the fact that Alak (Moshen Ismail) was going to be replaced……. \u00a0No word on his being replaced…….<\/strong>But by the news coming out…..there is “something” going down at the CBI that is out of the “norm”……<\/strong><\/p>\n

BGG ~ great word Tman23 – good job sticking to your info…looks like (generally) something is up there…<\/em><\/span><\/h2>\n

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Backdoc –\u00a0<\/span><\/strong>TODAY ON BLOOMBERG I HEARD THAT MITCH McCONNELL, SENATE MAJORITY LEADER, SAID THAT THEY MAY TAKE ANOTHER VOTE IN A WEEK OR SO TO MAKE SURE THAT NOBODY HAS CHANGED THEIR MIND! MMMM…NOW THAT’S INTERESTING. WHY WOULD HE DO THAT?\u00a0 HE ALSO SAID IF THERE WERE NO CHANGES ON THE VOTE THEY MAY ACTIVATE THE SANCTION RELEASE PROCESS ON GUESS WHAT DAY?\u00a0 NO SURPRISE TO ME… OCTOBER 8TH!! A NEW BEGINNING AGAIN?\u00a0MY NOSE IS TRACKING IRAN! IT\u2019S ALL ABOUT THE DEAL!\u00a0 I SMELL A RELEASE OF MANY ASSET BACKED CURRENCIES IN THE VERY NEAR FUTURE! JUST LIKE THEY SAY IN IRAQ… ALL IN ONE BASKET!\u00a0<\/strong>\u00a0 [post 2 of 2]
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BGG –\u00a0<\/strong><\/span>Article quote:\u00a0 “special forces stormed the Central Bank of Iraq a little while ago and has custody of the documents and all the documents from 2003 to the present day…<\/em>”\u00a0\u00a0I think the storming of the CBI – is the MOST STUNNING news of the YEAR…they have been monkeying around with these jokers politically – then BAM!!<\/strong>\u00a0\u00a0 S.F. rolls in and scoops up all the documents – ask yourself why?\u00a0\u00a0 S.F. storming in and grabbing up documents is not a political solution – it is a very serious criminal\/trial\/evidence solution…and THAT is likely why Maliki did a disappearing act.\u00a0\u00a0\u00a0it appears…to be some cooperation between Abadi, Parliament and whomever moved on the CBI – I doubt very much it was the US.\u00a0\u00a0 sounds like they are going after this corruption – full force.<\/strong>
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

\"\"Dinar Updates\u00a0\u200f@DinarUpdates\u00a0<\/strong>\u00a0<\/a>now<\/a><\/small><\/strong><\/p>\n

Exclusive: America controls the Central Bank of Iraq<\/em> <\/strong><\/p>\n

http:\/\/www.dinarupdates.com\/showthread.php?19896-Exclusive-America-controls-the-Central-Bank-of-Iraq-September-11-2015&p=130391&viewfull=1#post130391\u00a0\u2026<\/a><\/strong><\/p>\n

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Backdoc –\u00a0<\/span><\/strong>SO MANY FOLKS KEEP ASKING ME TO BITE ON THE FORBIDDEN APPLE… \u201cDATE OR RATE DIAGNOSIS PLEASE DOC!”\u00a0THAT DECISION IS UP TO OZ AND OZ ALONE!\u00a0 WHY? SO THERE WILL BE NO DOUBLE DIPPING TO PREVENT FRAUD!\u00a0 (Oz=IMF, WORLD BANK, U.S.TREASURY, AND CBI)<\/strong>\u00a0 WE NEED TO TRACK THE SCENT RIGHT?\u00a0 AS I\u2019VE SAID, \u201cBECAUSE IT\u2019S ALL ABOUT IRAQ IT\u2019S NOT ABOUT IRAQ\u201d!\u00a0\u00a0WHO HELD MASS AMOUNTS OF DINAR THAT NEEDED TO BE RETURNED?\u00a0 IRAN! IS IT RETURNED? YES! WHO HAS THOUSANDS OF TROOPS IN IRAQ TO CONVENIENTLY BE THERE AND ACT LIKE THEY ARE THERE TO HELP? RIGHT AGAIN…IRAN!\u00a0<\/strong>\u00a0[post 1 of 2….stay tuned]
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BGG –\u00a0<\/span><\/strong>Article quote:\u00a0 “Central Bank of Iraq is required to publish banks loan data in order to achieve transparency…<\/em>”\u00a0\u00a0\u00a0\u00a0Politically – I think Alak is about to start playing ball…the question has always been, will he play ball – or be removed<\/strong>…comments like this, from him show his mindset…I still don’t think he’s competent as a CBI Gov – but\u00a0Abadi may leave him in place if he “plays ball”…he’s at least starting the right direction.<\/strong>
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Backdoc –<\/span><\/strong>\u00a0[…with all that is happening do you believe we could see the RI before the end of this year<\/em>?]\u00a0\u00a0WITH ALL THAT HAPPENS IN THE NEXT FEW WEEKS ITS MORE THAN POSSIBLE!!<\/strong><\/span>\u00a0I WATCH THE DEAL WITH IRAN!! THAT IS THEY KEY!\u00a0<\/strong>\u00a0“BECAUSE ITS ALL ABOUT IRAQ, IT’S NOT ABOUT IRAQ”!!
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Dinar Updates retweeted<\/strong><\/span><\/p>\n

\"\"Reidar Visser<\/strong> \u200f@<\/s>reidarvisser<\/b><\/span> <\/a> 9h<\/span>9 hours ago<\/span><\/a><\/small><\/p>\n

If this wire report from #<\/s>Iraq<\/b><\/a> is accurate, former PM Maliki is absent from today’s summit of Shia alliance leaders<\/em><\/p>\n

http:\/\/www.<\/span>alliraqnews.com\/modules\/news\/a<\/span>rticle.php?storyid=15309&utm_source=twitterfeed&utm_medium=twitter<\/span>\u00a0<\/span>\u2026<\/span><\/a><\/strong><\/p>\n

\"\u0642\u0627\u062f\u0629<\/p>\n

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Mnt Goat –\u00a0<\/span><\/strong>In 2006 Iraq has it\u2019s first launching of sovereign bonds. Did they have an RV then? So why do they need one now for the 2015 launch.\u00a0So please there is no dependency on these bonds for an RV.\u00a0<\/strong>Today is\u00a0Friday\u00a0already and still no RV and\u00a0the bonds did get launched on time yesterday. However could the funds ($6 billion) be used to set up for a near future effort to do something with their currency? Let there be no mistake this is a very strong possibility.<\/strong>\u00a0To put the icing on the cake we should be watching carefully for these three laws: National Guard law. Investment law, and Money Laundering law; and then for signs of significance success in Anbar and Mosul areas over ISIS.\u00a0I told you from mid August to mid September would be a very critical time for getting these reforms accomplished. I told you Abadi would make a final push to get them completed and it would be very sudden and unexpected by most. We are witnessing all of this now<\/strong>.\u00a0[post 1 of 2….stay tuned]
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Poppy3 –<\/span><\/strong>\u00a0[SINCE IMF WANTS IRAQ TO DIVERSIFY…AND NOT RELY ON OIL, THEN MAYBE THIS IS WHERE THEY WILL NOT NEED THE HCL IF THEY CAN BE SOMEWHAT EQUAL IN AGRICULTURE, OIL, ETC<\/em>.]\u00a0\u00a0 IT IS NOT A REQUIREMENT FOR THE RV BUT IS NEEDED BECAUSE IT IS THE AGREEMENT THAT PAYS THE PEOPLE OF IRAQ.<\/strong>\u00a0THE PARLIAMENT VOTE ON THE HCL WHEN COMPLETED ONLY CLEARS THE WAY FOR THE RV BEING CLOSE BECAUSE IT IS MONEY FOR THE PUBLIC AND THAT WILL PULL THE OTHER LEADERS TOGETHER.\u00a0<\/strong>\u00a0 IF ONE OF THEM GOES AGAINST IT THE CITIZENS WILL KNOW CLEARLY WHO TO GO AFTER. STAND BY ALL IS WELL AND ABADI KNOWS WHAT HE IS DOING AND HE IS GETTING CO-OPERATION FROM MANY OTHER LEADERS.
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Backdoc –\u00a0<\/span><\/strong>REMEMBER I TOLD YOU THAT OIL WOULD PLUNGE AND IT DID?\u00a0WELL, GET READY FOR A FAST RIDE DOWN IN THE MARKETS!\u00a0\u00a0SOMEWHERE IN THAT PROCESS OR AFTER…THE REAL REWARD WE ALL HAVE BEEN WAITING FOR WILL OCCUR!\u00a0<\/strong><\/span>\u00a0I ALSO TOLD YOU THAT THE OIL SUPPLY ISSUE WOULD HAVE TO BE SOLVED POLITICALLY FOR OIL TO COME BACK TO NORMAL LEVELS SO THAT COUNTRIES CAN REBOOT THEIR ECONOMIES!\u00a0 IF WE\u00a0SEE A RATE VERY SOON YOU CAN BE ASSURED THAT THE PROCESS HAS PROVED SUCCESSFUL. I WILL SAY I’M VERY EXPECTANT FOR A GOOD OUTCOME!<\/strong>
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Adam Montana –\u00a0<\/span><\/strong>…I was never happy with their projection of $70 per barrel….I thought it was too high. I am much happier to see them using $60 per barrel now.\u00a0\u00a0It’s my thought that the budget will need to be revised after a significant change in the value of the currency, so how about HCL this month or next, RV before end of November, and then Budget in December?<\/strong>\u00a0Sounds good to me!\u00a0With a higher valued Dinar, we should see a spike in the global economy<\/strong>. Iraq, for one, will purchase and operate many more military vehicles, as will many other countries.\u00a0The wealth that can be created could easily drive up consumerism, which will create a higher demand for oil, which will drive up the price of oil, which is yet another benefit for Iraq.<\/strong>
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Kaperoni –\u00a0<\/span><\/strong>At this point, moving to Article VIII is wishful thinking.<\/strong>\u00a0 The CBI knows the rules..within 2% and hold it for 90 days. So they sit in Article XIV.\u00a0 But remember what Dr. Bakri stated,\u00a0currency reform will come beforehand<\/span>.\u00a0 True freedom of movement of capital cannot happen until the CBI moves to Article VIII.<\/strong>
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Adam Montana –\u00a0<\/span><\/strong>We’re still waiting on movement with the HCL<\/strong>. It’s really that simple.\u00a0Once we see that happen, we’re moments away from “money in the bank”.<\/span><\/strong>
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

\"\"Dinar Updates\u00a0\u200f@DinarUpdates\u00a0<\/strong><\/a>\u00a09s10 seconds ago<\/a><\/small><\/strong><\/p>\n

Jubouri: Parliament is keen to follow up the Iraqi government reforms<\/em><\/strong><\/p>\n

http:\/\/www.dinarupdates.com\/showthread.php?19833-Jubouri-Parliament-is-keen-to-follow-up-the-Iraqi-government-reforms&p=130295&viewfull=1#post130295\u00a0\u2026<\/a><\/strong><\/p>\n

\"\u0633\u0644\u064a\u0645-\u0627\u0644\u062c\u0628\u0648\u0631\u064aA\"<\/a>
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Stryker –\u00a0<\/span><\/strong>…the government is seeking to privatize\u00a0Rafidain and Rasheed Banks,\u00a0Iraq’s two state owned banks.\u00a0 These banks do not need to be privatized to see reform but must be moving in that direction according to the IMF itself<\/strong>.\u00a0In this same article…CBI Governor Ismail explained that the foreign currency reserves are at $60 billion but are at a safe level and there’s nothing to worry about at this time.\u00a0\u00a0Mr. Ismail also explained that the dinar is stable at the present<\/strong>, see this quote:\u00a0“If we look at the markets these days .. we will see that the price is very stable .. and very reasonable, so no need to worry about this at the moment<\/em>.”\u00a0\u00a0He goes on to talk about the international bonds\u00a0reintegrating Iraq back into the global financial system after years of wars and sanctions.<\/strong>
\n______________________________________________________________
\nfirefly –\u00a0<\/span><\/strong>[any more info on the 2 banks being restructured as to the raise the level of the dinar<\/em>?]\u00a0 “World Bank Restructure the Rafidain and Rasheed in Order to Raise the Value of the Iraqi Dinar<\/em><\/strong>”
\n______________________________________________________________<\/p>\n

FrostyTheSnowman –\u00a0<\/span><\/strong>Article quote:\u00a0 “Iraqi Prime Minister Haider al-Abadi said on Wednesday he had dismissed 123 deputy ministers and general managers<\/span>\u00a0as part of a reform push aimed at reducing corruption and mismanagement<\/em>…”\u00a0\u00a0GO Dr. Abadi GO!!!\u00a0…How about adding 1 more to the list to include M [Maliki].\u00a0\u00a0<\/strong>I think he could use a little …”adjustment”.
\n______________________________________________________________<\/p>\n

Abadi: reforms included actors close to me and the Council of Ministers<\/strong><\/span><\/span><\/span><\/p>\n

\"NB-145842-635774768685479716A\"<\/a>Alsumaria News \/ Baghdad –<\/b>\u00a0confirmed the Prime Minister Haider al-Abadi, Thursday, that recent reforms announced by involving those close to him and the “actors” in the Council of Ministers,stressing that the reforms are not directed against persons or entities. Ebadi said in a speech during the first workshop for the implementation of reforms economic and followed up by Alsumaria News, “The reforms that we have taken is not directed against persons or entities,” noting that “I have had some scissors included their personal relationships and their role effectively in the Council of Ministers.” He said al-Abadi, that “the reforms will not stop and must include all aspects of the state and society,” stressing that “there may be political quotas to turn into obsession, and this is at the heart of what we do from the reforms.” It is said that Abadi, recently announced the launch of a series of packages and decisions Correctional after popular demonstrations and protests took place several Iraqi cities to demand reform and improve the services and the fight against corruption.<\/p>\n

http:\/\/www.dinarupdates.com\/showthread.php?19814-Abadi-reforms-included-actors-close-to-me-and-the-Council-of-Ministers-9-10-2015&p=130268&viewfull=1#post130268<\/strong><\/a>
\n______________________________________________________________<\/p>\n

Enorrste –\u00a0<\/span><\/strong>The rise in the value of the dinar has nothing to do directly with inflation. \u00a0In addition, the CBI has never mentioned moving to a managed float.\u00a0\u00a0All reference has been to a free float. \u00a0The IMF has also pushed for a move to a free float. \u00a0It is my personal opinion that the dinar will rise quickly once it is released<\/span>.\u00a0<\/strong>\u00a0I suspect that the CBI is being cautious in its prognostications.\u00a0\u00a0 …a rising value of the dinar will lower internal prices within Iraq, not raise them. \u00a0Inflation has no part in a rising dinar value.
\n______________________________________________________________<\/p>\n

Millionday –\u00a0<\/span><\/strong>Article quote:\u00a0“\u00a0…the draft reform of the inmates and depositors Law, and the Anti-Money Laundering and Financing of Terrorism Act.<\/em>”\u00a0\u00a0\u00a0IT IS READY FOR VOTE.\u00a0\u00a0 THEY EXPECT THE NATIONAL GUARD LAW TO BE DONE THIS WEEK.<\/strong>\u00a0 [Amnesty law, is it done, finished & voted on<\/em>?]\u00a0\u00a0\u00a0IT WAS ON THE TABLE WEEKS AGO BUT DON’T SEE IT AS DONE.<\/strong>
\n______________________________________________________________<\/p>\n

BGG & wmawhite –\u00a0<\/span><\/strong>[anything on parliament today<\/em>?]\u00a0\u00a0 House of Representatives completed the second reading of the law of money laundering.\u00a0 that is a big move forward. 1 more reading and a vote…then enforce it.\u00a0\u00a0<\/strong>WB and IMF will be happy…\u00a0\u00a0 [Did it say when the next reading will be for that<\/em>?]\u00a0\u00a0I do not know – but I would suspect soon…they are moving on it with prejudice.\u00a0<\/strong>\u00a0the world wants reason to enter Iraq in big numbers.\u00a0 They want to help – but they won’t do so while everything goes directly into Maliki and other corrupt official’s pockets.
\n______________________________________________________________<\/p>\n

\"\"<\/a><\/p>\n

Commercial Solicitation<\/em><\/strong><\/h4>\n

______________________________________________________________<\/p>\n

Millionday –\u00a0<\/span><\/strong>Article quote:\u00a0 “Iraq seeks to open up to the world through the re-international banking relations across the branches of the Iraqi government banks abroad..<\/em>.”\u00a0\u00a0\u00a0\u00a0BANKS COMING TO IRAQ IS ONE THING >>>THIS IS SOMETHING ELSE…\u00a0IRAQ HAS PLANS OF OPENING 151 BRANCHES ACROSS THE WORLD<\/span>\u00a0— REMEMBER HOW LONG THIS HAS BEEN IN THE WORKS AND THE EXISTING BANKING RELATIONS NOW…THIS IS FOR TRADE AND INVESTMENT<\/strong>\u00a0— IMAGINE — THEY NEED AS MUCH AS POSSIBLE.
\n______________________________________________________________<\/p>\n

Aggiedad77 –\u00a0<\/span><\/strong>Article:\u00a0 “Spokesman Abadi: Prime Minister will launch a new package of reforms within days<\/em>”\u00a0\u00a0PM Abadi is said to be ready with yet another round of reforms in the coming days<\/strong>…what will be the agenda this time…who will be appeased….who will be angered by his actions this go-round… paper being pushed by more paper…This will grow into a sign of weakness on the part of Abadi if he doesn’t start taking some serious action soon<\/strong>…saying you will do something is nothing…actions speak so much louder than words…
\n______________________________________________________________<\/p>\n

Administrator Bob –\u00a0<\/span><\/strong>[…<\/em>we are in for still a long wait.<\/em>]\u00a0\u00a0<\/strong>I believe how long it takes is relative to the activation and success of a market economy. The new CBI loan program appears to be at least a very good start in the right direction<\/strong>…Now if parliament would pass those dang laws.
\n______________________________________________________________<\/p>\n

\u201cStraight Talk Radio\u201d Call!!<\/strong><\/span><\/h1>\n

\u201cfor Dinar News \u2013 that MATTERS!!\u201d
\nfrom Thurs \u2013 9\/10<\/strong><\/em><\/span><\/h1>\n

Click\u00a0banner on mid-right of page!!<\/strong><\/em><\/span><\/h2>\n

Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n

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wmawhite –\u00a0<\/span><\/strong>Iraq will be selling what is called Euro Bonds…those are bonds in another country’s currency different from the seller of the bonds.\u00a0\u00a0\u00a0…bonds are not the indicator we are looking for.\u00a0 If I sell you a bonds that states you will receive at maturity $1 million plus 6% interest…do you care what the exchange rate is?\u00a0NO<\/strong>.<\/strong>
\n______________________________________________________________<\/p>\n

Martha –\u00a0<\/span><\/strong>9\/15 is the meeting of the UN General assembly and there will be several MAJOR announcements…it is also the release of the UN Operational rates and I hope this time we are finally on point with this one or else we may have to wait till end of month.\u00a0\u00a0Iraq is ready and has been. She was prepared for the whole month of September to RV on a Tues-Thurs format… but there are those thought that there would be no rate change until DEC 31,2015 – NEW YEARS (hint hint).\u00a0 Keep the faith for WE are almost there.<\/strong>
\n______________________________________________________________<\/p>\n

BGG –\u00a0<\/span><\/strong>I have some commentary “in review” of yesterday…Maybe I should have been a little more “tender” with my words.\u00a0I used the word “RV” apparently currencies don’t do that<\/strong>… I say…SEMANTICS.\u00a0 I care very little what terminology gets used. I care about getting things started OFF!!\u00a0 \u00a0Whatever the number – or the term – or what the “title page” looks like – I’m just looking for THE JUMPING OFF POINT…because once it gets going (again) their market will take care of the rest.\u00a0<\/strong>\u00a0\u00a0I also wonder what it has been called every time they changed the value of the Dinar since 2003 – (when it started out at around 4,000:1)?\u00a0\u00a0\u00a0it can’t have been a “float”…technically not an RV (according to some)…and again – I really could care less what they call it as long as the value goes up.<\/strong>
\n______________________________________________________________<\/p>\n

\"\"<\/p>\n

The Exchange Rate of Foreign Currency in Economic Feasibility Studies\u00a0<\/strong><\/h2>\n

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.<\/p>\n

Estimate the shadow price of foreign currency:…<\/strong><\/p>\n

3.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar<\/strong>.<\/span> This price should be approved for 3 years until re-appreciation by the competent authorities.<\/p>\n

Read More:\u00a0http:\/\/dinarupdates.com\/blog\/<\/a><\/strong>
\n______________________________________________________________<\/p>\n

My Ladies –\u00a0<\/span><\/strong>I KNOW THE DAY WILL COME WHEN THE DINAR RE PRICES… I DON’T KNOW WHEN THAT DAY IS THE CRYSTAL BALL IS STILL FOGGY.\u00a0\u00a0<\/strong>BASED ON WHAT’S HAPPENING IN THE WORLD CAN THIS BE A SOONER ARRIVAL FOR US?\u00a0\u00a0<\/strong>SURE…WHY NOT?<\/strong>\u00a0\u00a0BUT WHEN THEY ANNOUNCE THINGS AND BLOOMBERG AND RUETERS REPORTS THEM THINGS SUCH AS INTERNATIONAL BONDS. \u00a0THESE THINGS LEAD US TO THE NECESSITY FOR AN INTERNATIONAL STATUS AND PERHAPS A VALUE CHANGE.<\/strong>\u00a0\u00a0 BUT THEN THEY COME IN 30 DAYS LATER AND SAY UMMM OH YEA BY THE WAY…\u00a0 [post 1 of 2….stay tuned]
\n______________________________________________________________<\/p>\n

Mnt Goat –\u00a0<\/span><\/strong>One of the biggest advantages of the lifting of the sanctions is the return of all frozen assets to the Iraqi government, estimated at $82 billion, according to Central Bank data.\u00a0 Its return will not only revitalize the economy, it will strengthen the value of the Iraqi dinar and increase its purchasing power.\u00a0\u00a0But TO THIS DAY IRAQ IS STILL FROZEN IN TIME and still using the post war provisional 3 zeroes notes, meant to be transitioned to the new, permanent currency prior to sanctions being lifted in 2013<\/span>.<\/strong>\u00a0 So we know the delay in currency reform and the project to delete the zeros is noted clearly and\u00a0there is pressure from members of parliament finance and economic experts who see the necessity to get the currency reforms completed since these projects can only help the dragging economy.<\/strong>\u00a0 [post 2 of 2]
\n______________________________________________________________<\/p>\n

Mnt Goat –\u00a0<\/span><\/strong>I told you from mid August to mid September would be a very critical time for getting these reforms accomplished. I told you Abadi would make a final push to get them completed and it would be very sudden and unexpected by most. We are witnessing all of this now<\/strong>. I firmly expect Abadi to clean up the CBI and Dr Shabib to come back to an \u201cofficial\u201d capacity to head up the CBI once again before these projects kick off fully.\u00a0\u00a0\u00a0…it is very important and necessary for Iranian influence to be gone or greatly impaired in Iraqi politics and in the general influence of Iraq prior to any RV…the pressure is building now for this to happen too. Lots of pressure in all areas of getting rid of Iranian influence in Iraq..<\/strong>.\u00a0\u00a0 [post 1 of 2….stay tuned]
\n______________________________________________________________<\/p>\n

Iraq’s prime minister is turning against Iran<\/span><\/h1>\n

\"qassem-soleimaniA\"<\/a><\/p>\n

RGC Quds Force chief Qassem Soleimani said the world will be surprised by upcoming events in Syria.<\/em><\/strong><\/h4>\n

Qassem Soleimani has many nicknames, generally containing one or both of the words \u201cshadow\u201d or \u201cdark.\u201d However, the commander of the Iranian Revolutionary Guard Corps\u2019 Quds Force has been operating in the light since the devastating advance of the Islamic State of Iraq and al-Sham (ISIS) began in the summer of 2014, but a year later is seeing him begin to wear out his welcome with Iraqi Prime Minister Haider al-Abadi…<\/p>\n

Read More:\u00a0<\/a><\/strong>http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/strong>
\n______________________________________________________________<\/p>\n

Millionday –\u00a0<\/span><\/strong>[Does a member of parliament carry much weight on monetary policy<\/em>?]\u00a0\u00a0\u00a0PARLIAMENT DOES HAVE WEIGHT ON POLICY — BECAUSE…EVEN THOUGH CENTRAL BANK IS INDEPENDENT — THEY ARE IN MONEY ACCOUNTABILITY — NOT ALL ECONOMIC MATTERS.\u00a0<\/strong>\u00a0THEY ARE A WORKING TEAM FOR THE COUNTRY — CENTRAL BANK IS ACCOUNTABLE FOR DISTRIBUTION AND APPLICATION OF RATES INFO ETC<\/span>\u00a0<\/strong>— ALL ECONOMIC POLICIES WORK TOGETHER.
\n______________________________________________________________<\/p>\n

Martha –\u00a0<\/span><\/strong>In their professional opinion after being involved in Bond Offerings 100 times more valuable than Iraq’s,\u00a0one does not make this long of a trip to the 2 leading World Powers with the 3 Leading World Banks IF NOT INTENDING TO MAKE A DEAL to issue debt THAT WILL BE AN OFFERING EXTERNALLY IN THE GLOBAL FINANCIAL MARKETS<\/span><\/strong>.\u00a0\u00a0 Iraq is not here for a lot of talk and no action. They are hopefully here to sell Bonds, signed sealed and delivered in the Global World Markets.\u00a0\u00a0To do so, requires a rate and one considerably higher than is presently at 1186.\u00a0<\/strong>No Country and No Corporate Entity in their opinion are going to buy these Bonds on a promise from a country such as Iraq or any country for that matter with a Program Rate.\u00a0\u00a0It will require a RATE INCREASE FIRST.\u00a0<\/strong><\/span>\u00a0Naturally this is only the opinion of 2 close friends who have over 50 years of experience in the World Global Bond Markets and are Dinar Investors and who have been involved in not Billion<\/span>s…but Trillions of Bond Investments over their long careers.\u00a0 [post 2 of 2]
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Martha –\u00a0<\/span><\/strong>[new guru]\u00a0 \u00a0I decided to…meet for lunch with two of my close friends who are very active in the Chicago Financial Community who are considered by their peers to be 2 of the most respected Bond Traders around who just happen to also be very large Iraqi Dinar Investors as well…one of them will be at the upcoming meetings in London.\u00a0<\/strong>\u00a0Without a doubt, they both said that the United States and London are the 2 leading Bond Market Places in the World.\u00a0 In addition, Citigroup, Deutche Bank and JP Morgan are without a doubt the 3 leading underwriters of the World. Neither of these 2 Countries or 3 Banks are going to be blindsided by a Country such as Iraq.\u00a0\u00a0…the names listed representing Iraq on this trip are at the pinnacle of its own financial community. They would not be sending the best if not without orders to get a deal done.\u00a0<\/strong>\u00a0 [post 1 of 2….stay tuned]
\n______________________________________________________________<\/p>\n

WELCOME TO ROUND TABLE CHAT w\/BGG<\/span><\/h2>\n

Thanks to Dinar Recaps for posting Round Table w\/BGG<\/strong><\/p>\n

BGG:<\/strong> I have some commentary “in review” of yesterday…<\/p>\n

BGG:<\/strong> Maybe I should have been a little more “tender” with my words. I used the word “RV” apparently currencies don’t do that (otherwise I’m an idiot – according to some commenters). I say… SEMANTICS<\/p>\n

BGG:<\/strong> I care very little what terminology gets used. I care about getting things started OFF!!<\/p>\n

BGG:<\/strong> Whatever the number – or the term – or what the “title page” looks like – J I’m just looking for THE JUMPING OFF POINT.<\/p>\n

BGG:<\/strong> because once it gets going (again) their market will take care of the rest.
\n~~~<\/p>\n

BGG –\u00a0<\/span><\/strong><\/strong>“...A member of the parliamentary economy calls for the deletion of zeros and the issuance of Banknotes small to strengthen the dinar…<\/em>”\u00a0\u00a0\u00a0which only means one thing…small notes and strengthening the Dinar = RV – period<\/span>…as of today we have a member of the Parliamentary Economic committee calling for the RV<\/strong>…my comments are backed up by some very mainstream reports.\u00a0 [How much of a push will that create now that the parliamentary economy has called for an RV<\/em>?]\u00a0\u00a0\u00a0I’m hoping – a “tremendous push”.\u00a0\u00a0<\/strong>
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wmawhite –<\/strong> <\/span>[Alot of people are now thinking 2016\/2017. \u00a0Any thought s on this?]<\/em>\u00a0I continue to believe that the CBI\/GOI continue to press forward and that they may reprice\/revalue the IQD at any moment.<\/strong>
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tman23 –<\/span> Think about this for a minute…….<\/strong> Flashback to more Shabibi statements….. The concern of loans to citizens and the documentation including the 3 zeros on the loans and the confusion that follows when lifting the 3 zeros………<\/strong> \u00a0They speak frequently about all the different loan programs…….. IMO…I don’t see them opening all the new windows and mechanisms with the inclusion of 3 zero accounting……<\/strong>Saleh says in the coming weeks……NOT SOON…… but coming weeks.<\/strong>
\n______________________________________________________________<\/p>\n

Millionday –\u00a0<\/span><\/strong>TODAY [TUESDAY] IS THE LAST READING ON THE MONEY LAUNDERING LAW — PER AGENDA —THAT LEAVES A VOTE FOR THE LAW TO BE PUT IN PLACE —I AM SO EXCITED<\/span>.<\/strong>\u00a0 ABADI ALREADY GAVE THE OK TO LAUNCH THE ECONOMIC REFORM — THEY HAVE BEEN GIVEN THE OK TO RELEASE THE NEW CURRENCY…AND IRAQ IS A DEMOCRATIC COUNTRY.
\n______________________________________________________________<\/p>\n

\"home7\"<\/a><\/p>\n

Iraqi Dinar\/Dollar auction 09-09-15<\/strong><\/span><\/h2>\n

Currency\u00a0Auctions\u00a0Announcement No. 3032 (most recent listing)<\/strong><\/p>\n

This daily currency\u00a0auction\u00a0was held in the Central\u00a0Bank\u00a0of Iraq on the 09-09-2015<\/p>\n

The\u00a0results\u00a0were as follows:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
DETAILS<\/td>\nNOTES<\/td>\n<\/tr>\n
Number of banks<\/td>\n24<\/td>\n<\/tr>\n
Number of\u00a0remittance\u00a0companies<\/td>\n11<\/td>\n<\/tr>\n
Auction price selling dinar \/ US$<\/td>\n1166<\/td>\n<\/tr>\n
Auction price buying dinar \/ US$<\/td>\n—–<\/td>\n<\/tr>\n
Amount sold at auction price (US$)<\/td>\n198,435,500<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n198,435,500<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/td>\n—–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

More:\u00a0http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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Aggiedad77 –\u00a0<\/span><\/strong>Article:\u00a0 “Jubouri: Parliament seeks to inter legislation important laws<\/em>”\u00a0\u00a0Speaker of Parliament Jubouri recognizes as many do that Parliament has a number of important laws that await legislation on their part…they must act.<\/span>..they must move forward if they expect to deal effectively with the demands of the demonstrators and the reforms that are being pushed…<\/strong>Parliament is an integral part of this puzzle and they MUST do their part to keep the Iraqi head above water…this is not a time for Parliament to grow stagnan…they must act.
\n______________________________________________________________<\/p>\n

tlm724 –\u00a0<\/span><\/strong>Article:\u00a0 “Agency US: Iraqi investment bonds \u201cweak\u201d\u00a0\u00a0 Quote:\u00a0 “the Iraqi Finance bond strength rank B- weak, as shown that this category because of the vulnerability of Iraq\u2019s security and institutional risks impressive on the strength of its economy<\/em>”\u00a0 \u00a0had Iraq made better progress with their economic laws up til this point I believe this rating would have been at least a B or B+.\u00a0\u00a0\u00a0now\u00a0they are wanting to sell these bonds and the confidence in Iraq has not reached a comfortable level Yet and they are gonna feel those repercussions during this sale.<\/span>\u00a0 \u00a0they haven\u2019t proven that they can financially operate outside of oil sales after all these years they are still working towards a free market and\u00a0until they prove themselves financially responsible it\u2019s gonna be a hard sell on these bonds.<\/span><\/strong>
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Kaperoni –<\/span><\/strong>\u00a0Article quote:\u00a0 “whenever we were able to strengthen the country’s economy will be reflected on the value of the Iraqi dinar”<\/em>\u00a0I think there is a bit of translation error in this statement…\u00a0it translates as in past tense and I think we all agree Iraq has not strengthened the economy as of yet.\u00a0\u00a0So I believe she is confirming what we have been saying for quite a while that\u00a0as the economy grows, so will the dinar.<\/span><\/strong>
\n______________________________________________________________<\/p>\n

Urgent!! A member of the parliamentary economy calls for the deletion of zeros and…<\/strong><\/span><\/h2>\n

\"\"<\/p>\n

[Baghdad – where]<\/strong> a member of the Parliamentary Economy and Investment has called for the issuance of Banknotes small to strengthen the Iraqi dinar…<\/p>\n

…The prime minister Haider al-Abadi, said on 17 July, said that “the Iraqi currency reserved and have a great economic power, hard currency is because it is backed also that Iraq has the potential and capabilities and we have the blessing of oil,”…<\/p>\n

BGG ~ I guess I should have said it like this on the call…<\/em><\/span><\/h2>\n

“…A member of the parliamentary economy calls for the deletion of zeros and the issuance of Banknotes small to strengthen the dinar…”<\/em><\/span><\/h2>\n

Which only means one thing…<\/em><\/span><\/h2>\n

…small notes and strengthening the Dinar = RV – period…<\/em><\/span><\/h2>\n

Sooooooo <\/em><\/span><\/h2>\n

…as of today we have a member of the Parliamentary Economic committee calling for the RV…<\/em><\/span><\/h2>\n

as of TODAY!!<\/em><\/span><\/h2>\n

Will they??\u00a0who knows…<\/em><\/span><\/h2>\n

But someone who sits on the very committee Abadi used be the Chairman of is asking for the SAME\u00a0THING YOU ARE!!<\/em><\/span><\/h2>\n

______________________________________________________________<\/p>\n

Frank26 –\u00a0<\/span><\/strong>Article:\u00a0 “A member of the parliamentary economy calls for the deletion of zeros and the issuance of Banknotes small to strengthen the dinar<\/em><\/strong>“\u00a0\u00a0<\/strong>\u00a0When have You EVER seen a GOI member ask to lift the THREE ZEROS and give them the LD\u2019s?\u00a0\u00a0TEAM say the new policy is moving very fast.\u00a0 Days to hours…Not days to weeks<\/strong>. Interestingly good.
\n______________________________________________________________<\/p>\n

Millionday –\u00a0<\/span><\/strong>Article:\u00a0 \u00a0“A member of the Parliamentary Economy and Investment has called for the issuance of Banknotes small to strengthen the Iraqi dinar.<\/em>”\u00a0\u00a0 THEY HAVE TO OPEN TO THE MARKET BECAUSE OIL IS NOT ALL THEY NEED FOR EMPLOYMENT ETC —\u00a0SO DUE TO THE ECONOMY AND >>><\/strong>FISCAL POLICY\u00a0<\/strong>THE SMALL NOTES ARE NECESSARY<\/strong><\/span>—WHOOOPOW.
\n______________________________________________________________<\/p>\n

Breitling<\/span><\/strong>\u00a0…You have gained, you just don’t realize it yet\u00a0<\/span><\/strong>because people don’t count on the value of the dollar going down.\u00a0 So you’re looking for a hard revaluation\u2026it should have been here\u2026so that is your timeframe\u2026it should have been here<\/strong>.\u00a0 Think about it\u2026They get the note count down to about a billion and it should be around $3 and the last report we got was they were at 4 Billion<\/span><\/strong>.\u00a0 You saw what they did with the 50 dinar note.\u00a0 You know they are pulling a little off whenever they can.\u00a0\u00a0There is a reason they are coming out with bonds.\u00a0 There is a reason they are after the US dollar.\u00a0 there is a reason they got rid of the note count.\u00a0 There is a reason they passed these laws.<\/strong><\/span>\u00a0 [post 2 of 2]
\n______________________________________________________________<\/p>\n

Throwback Thursday<\/strong><\/span><\/h1>\n

\"\"<\/p>\n

The Exchange Rate of Foreign Currency in Economic Feasibility Studies\u00a0<\/strong><\/h2>\n

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.<\/p>\n

Estimate the shadow price of foreign currency:…<\/strong><\/p>\n

3.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar<\/strong>.<\/span> This price should be approved for 3 years until re-appreciation by the competent authorities.<\/p>\n

Read More:\u00a0http:\/\/dinarupdates.com\/blog\/<\/a><\/strong>
\n______________________________________________________________<\/p>\n

If you found this blog, our website or chats helpful \u2013 Forward it to a friend!! We couldn\u2019t do it without you!! Thanks \u2013 BGG!!<\/h2>\n

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\/\/ ]]><\/p>\n","protected":false},"excerpt":{"rendered":"

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