{"id":11039,"date":"2015-09-23T07:28:58","date_gmt":"2015-09-23T12:28:58","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=11039"},"modified":"2015-09-27T12:16:50","modified_gmt":"2015-09-27T17:16:50","slug":"the-dinar-observer-daily-sept-23rd","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=11039","title":{"rendered":"THE DINAR OBSERVER DAILY SEPT 23rd"},"content":{"rendered":"

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

Psalm 16:11 (NKJV)<\/span><\/h1>\n

11 You will show me the path of life;
\nIn Your presence is fullness of joy;
\nAt Your right hand are pleasures forevermore.<\/p>\n

Heavenly Father, Thank You that You are love! Thank You for joy \ud83d\ude42 In Jesus Name, Amen.<\/em><\/h2>\n

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

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It\u2019s like d\u00e9j\u00e0-vu all over again – Yogi Berra<\/em><\/span><\/h1>\n

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

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BGG –\u00a0<\/span><\/strong>I was…asked what I thought about 2016 and then something along the lines of “what if we get to this first week of Oct – does that mean we’re into 2016<\/em>“?\u00a0 \u00a0My response was – “we will really have to get to that place and see what’s been done”<\/em>…\u00a0I highly doubt there is any guarantee we land in 2016 without some shift in value<\/strong><\/span>\u00a0– however, I am much more focused on these reforms and attacking corruption than anything else…the progress they make (on this corruption) will decide for me what my opinion will be.\u00a0 [post 2 of 2]
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

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

www.DinarUpdates.com<\/a>\u00a0–\u00a0save as favorite!!<\/strong>
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BGG –\u00a0<\/span><\/strong>[Corruption…Corruption…Corruption!!!<\/em>]\u00a0 “they are attacking it on every level<\/em>“…\u00a0attacking corruption – this is a good thing.\u00a0 …recently (last day or two) I have been hearing as early as the 24th thru about the 29th and if they miss that one then just prior to the UN Gen assembly – if they miss that window, no later than the end of the first week of October.\u00a0\u00a0LET ME BE CLEAR… THIS IS NOT MY OPINION<\/em><\/strong> (only something I have heard)…in fact, the only reason I bothered to mention it – it was based on them dealing with a bit more of this corruption and then they would move ahead…\u00a0so I believe any of this? Maybe 50\/50<\/span>.\u00a0\u00a0\u00a0<\/strong>[post 1 of 2….stay tuned]
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Aggiedad77 (Dinar Guru) –\u00a0<\/span><\/strong>Article:\u00a0 “Abadi first speaker summit of the United Nations against terrorism<\/em>”\u00a0\u00a0\u00a0So the news has been saying that PM Abadi will head to the US just after their upcoming holiday<\/span>…he’s first up on a list of speakers talking about terrorism issues on a global scale with the United Nations<\/strong>…probably a quick trip on his part and the part of their Foreign Minister as well…both seeking more military support from the US during this trip as well.
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Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>Wanted to keep you updated on the fight against ISIS and DAASH since after all the physical security of Iraq is a large factor is whether they are going to RV sooner than later.\u00a0Seems the USA strategy is working to push ISIS and DAASH back into Syria<\/span>.<\/strong>\u00a0You see they must isolate them and confine them. Once this is done it is much easier to remove them.\u00a0Once across the boarders of Iraq they can then secure the boarders.<\/strong>
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Adam Montana (Dinar Guru) –\u00a0<\/span><\/strong>Man, oh, man… are things moving slowwwwww right now.\u00a0\u00a0And even as slow as things feel right now, you need…to understand that Abadi IS getting stuff done, and we are DEFINITELY on the right track.<\/span>\u00a0\u00a0<\/strong>I’ll give that two thumbs up, even though we are still waiting on the HCL. [The HCL: Any chance of that being resolved before Dec.<\/em>?]\u00a0\u00a0HCL – yes, I do have high hopes for pre-December!<\/strong>\u00a0 […how confident do you feel that an RV may happen before the end of the year<\/em>?]\u00a0\u00a0Provided the HCL goes through, I am optimistic. On a scale of 1-10: Cake.\u00a0<\/strong>
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Millionday (Dinar Researcher)\u00a0<\/span><\/strong>–\u00a0<\/span>YEARS WE HAVE WAITED TO SEE THE BANKS FUNDED AND THE PRIVATE SECTOR AWAKE.\u00a0 THEY APPEAR TO HAVE THE SOLUTION TO THE FINANCIAL STRESS IN IRAQ.\u00a0 THE INITIAL OIL DROP IN PRICING CREATED LACK OF PROJECTS — THE MANY BELOW POVERTY AND OTHER PRESSURES REQUIRES ACTION.\u00a0\u00a0IRAQ IS CONFIDENT THAT THEY CAN OVERCOME THEIR ECONOMIC DOWNFALL THROUGH REFORMS —\u00a0<\/strong>WHOOPOW.
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Frank26 (Dinar Guru) –\u00a0<\/span><\/strong>BIG DRAMATIC CHANGE…remember our #1 concern…SECURITY…it’s now being done faster than ever imagined in Iraq<\/strong>…this is the opinion of I-Team.\u00a0 …today there was a precision coalition air strike on Ramadi…apparently so precise was this attack that it put a great fear into al-Baghdadi, the leader of ISIS….he’s taking his thugs and running back to Syria…They are LEAVING Ramadi…watch for this in the next day or so…What is so SURPRISING is the AMAZING speed we believe things to be happening… TODAY.\u00a0\u00a0<\/strong>This precision air strike seems to have triggered something…the Team is not sharing “what” but they are looking towards Oct 4 for something or some things to happen.<\/strong><\/span>\u00a0 Watching between Oct 4-8 to see if the Iraqis follow through…confidence level of this is at 50% and IOO (In Our Opinion) could keep growing…and…hopefully the Iraqis will take advantage of us helping to prop up the MR(Monetary Reform).\u00a0\u00a0They know we want to help…they know we are there to help…the news should get interesting inside a day or two from now…watch for it.<\/strong>
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Abadi announce new measures<\/strong><\/span><\/h1>\n

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Said Prime Minister Haider al-Abadi, Wednesday, with new measures with the judges of integrity, money laundering and economic crime. Information Office of the Prime Minister said in a press statement received by the agency, \u201cand our response,\u201d a copy of it, \u2026<\/p>\n

\u201cPrime Minister Haider al-Abadi held a meeting with the judges of integrity, money laundering and economic crime, adding to tighten measures to reduce the financial and administrative corruption and speed up the resolution of the issues and the development of new strategies to assist in the process of deterring corruption and recover money stolen by corrupt \u201c…<\/strong><\/p>\n

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

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Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>What is really happening with the Mastercards?\u00a0\u00a0 ...these cards WILL NOT GO INTERNATIONAL until the currency is once again back on the international global exchanges.<\/span><\/strong>\u00a0They can not use these cards outside of Iraq until this happens.\u00a0Using the cards outside of Iraq means – the IQD rates will have to be in the international exchanges\u00a0 which enables the link to the conversion programs so\u00a0 the new currency can be converted from the country of origin\u2019s currency amount<\/strong>…this did not yet happen…
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Frank26 (Dinar Guru) –\u00a0<\/span><\/strong>I believe that Maliki will be the next thing.\u00a0\u00a0If this would have happened sooner, Maliki would have been control of the monetary reform.\u00a0<\/strong>\u00a0We knew Maliki was a snake \u2026 but we got into bed with him. The timing of all of these things are incredible. \u00a0\u00a0400 Million Dollars (USD) was being sold in Iraq \u2026 that was a big boost for the USA \u2026 so we used Maliki.<\/strong>\u00a0 \u2026sometimes it appears that Iraq is in control \u2013 and that is true when it comes to their \u201claws\u201d \u2026\u00a0but the US has the powers of the green-light<\/strong>. The laws are important because the investors and the stock-market can\u2019t succeed without them.\u00a0 Well over 100 GOI officials were fired and were replaced with US trained Iraqi\u2019s. In my opinion \u2013 they fired every crook!\u00a0 We are not messing around!\u00a0 Nobody \u201cinvited\u201d us back \u2013 but we\u2019re tired of the \u201clip-service\u201d \u2026 so we\u2019re back! \u00a0Iraq needs to arrest Maliki \u2026 not the US. The day you see Maliki arrested \u2026 Then you\u2019ll know we are extremely close.<\/strong>\u00a0 [post 2 of 2]
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tman23 (Dinar Researcher) –\u00a0<\/span><\/strong>Article quote:\u00a0 “Al-Abadi, Al-Jaafari will visit the United States, after the Eid al-Adha”, adding that Jaafari’s visit “will precede the visit Abadi, where he is scheduled to attend UN General Assembly meetings<\/em>.”\u00a0\u00a0 Very VERY interesting…\u00a0The post 2015 summit concludes 10\/1 and then they will go to council and if all are in agreement…Funds will be free for release…several trillions for global infrastructure building etc.\u00a0\u00a0 …the timing of Abadi’s arrival is suspicious…we will never know but certainly have the right to speculate that…IRAQ is in the PLAN!!\u00a0\u00a0\u00a0<\/strong>And if that is the case (which I am 99.99999% convinced it is)… Oct 6th the release is to happen upon agreement…and that is when the US fiscal year begins with funds to be released…and Obama is calling to get the US Budget passed now…But no doubt…The world PTB have some plan that is about to be initiated.<\/strong>
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Abadi documents ordering the arrest of the Director General of Customs after being found guilty of corruption<\/strong><\/span><\/h2>\n

\"Corruption<\/p>\n

BAGHDAD \/ Sky Press:<\/strong>\u00a0issued Prime Minister Haider al-Abadi, an arrest warrant, Director General of Customs, Major General Jassim Al-Hakim on charges of corruption and waste of public money.<\/p>\n

According to documents obtained by \u201cSky Press,\u201d that \u201cthe prime minister Haider al-Abadi Baghdad Operations Command, ordered the arrest of the Director General of Customs after reports proven guilty of wasting public funds and misuse of power to achieve the goals and personal gain.\u201d…<\/p>\n

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

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BGG –\u00a0<\/span>the Moody’s rating is good news…whatever it means (exactly) them having a ratings outlook is good<\/span><\/strong>…and by the by – it is only a “provisional rating” on their bonds only –\u00a0however, it’s essentially the data and info they would use on a sovereign credit rating<\/strong>… overall, and in light of the severity of their situation,\u00a0I took this report as generally realistic..: and positive\u2026 as a credit rating agency – it is vital they are reliable in their portrayal to investors<\/strong><\/span>\u2026 still a reasonably decent outlook – “stable with instituational risk” is probably an accurate picture<\/strong><\/span>…What they have “in the ground” and what they can pump, process and sell are two very different numbers… and this is their short term issue – PERIOD.\u00a0 they are still spending too much based on the 2015 deficit and bad projection of oil prices.\u00a0They have short term crisis – they have discussed (privately) bridging this gap with some emergency currency move…however, until this political corruption is “cornered” they are still discussing options<\/span><\/strong>…
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Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>We are off to a start of a fantastic week!\u00a0In the many years of following this saga I have never seen such progress move so fast.<\/strong>\u00a0Some element is definitely behind supporting Abadi and his council.\u00a0\u00a0 \u00a0These next coming weeks should be very interesting.\u00a0\u00a0I also want to say that when Iraq is ready to revalue their currency and come back as an international player it will just happen. NOTHING WILL STOP IT.<\/strong>
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Frank26 (Dinar Guru) –\u00a0<\/span><\/strong>they are running out of time to do this.<\/strong>\u00a0The Marshal Plan is Bush\u2019s baby. Dr. Shabibi is getting older and fragile \u2026 and I believe that speed is a big factor now.<\/strong>\u00a0\u00a0Why is Dr. Shabibi important? He knows the software. He\u2019s been protected by the USA (in my opinion) for the last 2 years. ISIS and DAASH is running.\u00a0Think about it \u2026 why would we send Special Opps into the CBI? That was the first place they went. They didn\u2019t need numbers from the CBI \u2026 they already knew them.\u00a0\u00a0The so called \u201caudit\u2019 of the CBI was a bunch of BS<\/strong>\u2026all of this was done at night so that the mission could be accomplished.\u00a0We believe the Special Opps did this for Dr. Shabibi \u2013 not Allik.\u00a0\u00a0\u00a0Dr. Shabibi was given control of the green-light.<\/strong>\u00a0<\/strong>\u00a0[post 1 of 2\u2026.stay tuned]
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Join Dinar Updates for a Round Table Chat @ 1:30pm CST \u2013 today in the Chat Room!!<\/strong><\/em><\/span><\/h1>\n

Read More:\u00a0http:\/\/www.dinarupdates.com\/<\/a><\/strong>
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Backdoc (Dinar Guru) –\u00a0<\/span><\/strong>UNFORTUNATELY, THE LOWER OIL PRICES GO, THE MORE DEFLATION WORKS ITS WAY AROUND THE GLOBE THE GREATER THE PRESSURE COUNTRIES HAVE WITH THEIR CURRENCIES!\u00a0 THIS DEFLATION PROBLEM ONLY MAGNIFIES THE DEBT PROBLEM WORLD WIDE UNTIL IT IS UNSUSTAINABLE!\u00a0THE BEGINNING OF THE END HAS CERTAINLY BEGUN. HOW LONG WILL IT TAKE IS ANYONES GUESS!\u00a0\u00a0BE CONFIDENT THAT WE WILL BE BLESSED WHEN THE HURRICANE PASSES!<\/strong>
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Delta (Dinar Intel) –<\/span><\/strong>\u00a0The stock market will increase because of the Anti-Money Laundering Law. The currency reform will make a lot of investors come into Iraq.\u00a0\u00a0The Iraqi Stock Market will be one of the hottest in the world. A lot of investor money will be coming into Iraq\u2026<\/strong>\u00a0it will be a holiday on Wednesday in Iraq so we are not expecting anything until after the holiday<\/strong>. Iraq needs liquidity. They need money. Iraq is a rich country but they have no cash on hand.\u00a0\u00a0They have oil, resources \u2026 but essentially, they are bankrupt. The USA doesn\u2019t want this to fail.\u00a0 One of the stipulations for Iraq to move forward is to lift the 3 zeros.\u00a0\u00a0In order for the IMF to continue to support Iraq \u2013 they must add value to their currency.\u00a0\u00a0Let\u2019s see what happens after the EID holidays.<\/strong>\u00a0\u00a0[post 2 of 2]
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firefly (Researcher) –\u00a0<\/span><\/strong>Quote:\u00a0 “Representing the UN at the meeting, UNDP\u2019s Resident Representative Ms. Lise Grande congratulated the Government of Iraq… highlighting \u201cthe importance of Iraq\u2019s contribution in order to reach a globally binding agreement.<\/em><\/strong>\u201d\u00a0<\/span>\u00a0\u00a0<\/span>Sure doesn’t sound like gloom and doom to me.\u00a0\u00a0<\/span>Coming direct from the UN site!<\/span>
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\"Dinar<\/a><\/p>\n

Iraqi Dinar\/Dollar auction 23-09-15<\/strong><\/span><\/h2>\n

Currency\u00a0Auctions\u00a0Announcement No. 3042 (most recent listing)<\/strong><\/p>\n

This daily currency\u00a0auction\u00a0was held in the Central\u00a0Bank\u00a0of Iraq on the 23-09-2015<\/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$)<\/td>\n170,614,521<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n170,614,521<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/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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Delta (Dinar Intel) –\u00a0<\/span><\/strong>\u2026the 50 and the 100 dinar articles are still confusing people.\u00a0You will not have a country with lower inflation than Iraq<\/strong>. For the countries who added zeros to their notes is due to high-inflation.\u00a0Right now in Iraq \u2026 inflation is very, very low. It doesn\u2019t make any sense to produce more 3 zero notes.<\/strong>\u00a0\u00a0Remember the articles about the coin and the 50 and the 100 dinar?\u00a0\u00a0At the end of the article\u2026 they gave the example that the note would be a 50 note\u00a0<\/strong>\u2026 and this was from a committee member.\u00a0\u00a0The plan to execute it was in July \u2013 but they didn\u2019t do it. We do believe that they are now ready.<\/strong>\u00a0\u00a0Also remember the article about 3 weeks ago from \u2026 this guy\u2026who is in charge of issuing notes for the CBI\u2026 stated that plan was to come out with the new note \u2026\u00a0valued at 50,000 but will be marked as a 50<\/strong>. This is not rumors \u2013\u00a0He said that the 50 dinar is ready and before the end of the year they will execute it. Obviously they can\u2019t give you the exact date \u2026 but the monetary reform has to happen.<\/strong>\u00a0\u00a0[post 1 of 2\u2026.stay tuned]
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Millionday (Dinar Researcher) –\u00a0<\/span><\/strong>Article quote: “President of the Republic Fuad Masum, the detection of the completion of the project of reconciliation in the country poses after Eid al-Adha.<\/strong>”\u00a0\u00a0FINALLY A TIMELINE FROM MASUM…ACCORDING TO WHAT I HAVE READ THE RECONCILIATION IS PLANNED AND BEING PROMOTED TO TAKE PLACE AFTER THE EID FEAST ON THE 27TH<\/strong>\u00a0\u2013\u00a0<\/strong>HE IS STATING THAT THEY WILL NOT RESOLVE TERRORISM WITHOUT NATIONAL RECONCILIATION.\u00a0\u00a0 THIS IS HUGE, HUGE TO BE PROMOTING THE NATIONAL RECONCILIATION CONFERENCE.
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Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>I have told you that come mid September we would be in an excellent window for the RV.\u00a0\u00a0I also stated in my news letter last week that if Iraq DID NOT complete what it had to complete on time and so the PTB will not RV. They will not RV until these needed laws are in place and at least partially implemented (as required).\u00a0\u00a0I will say if they can work out the details on four key issues \u2013 National Guard law, the Investment Law, Judicial Reforms, the Amnesty law and the controlling physical security situation we will be a great time position afterwards to possibly see some upward movement in the currency value.<\/strong>\u00a0\u00a0Iraq knows they need to do something with the currency value and they know they need to do it quickly.\u00a0<\/strong>I believe they are now targeting RV by Oct 1st.\u00a0\u00a0<\/strong>But it is just a target date. If
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Backdoc (Dinar Guru) –\u00a0<\/span><\/strong>[…in your opinion do you believe all currencies will Rv at the same time<\/em>?]\u00a0\u00a0…THERE WILL BE A FEW THAT WILL GO AROUND THE SAME TIME IN MY OPINION! THINK ABOUT IT FOR A MOMENT.\u00a0IF YOU JUST MADE MILLIONS OR MORE ON ONE OF THESE CURRENCIES LIKE THE DINAR AND THE OTHERS HAVEN’T CHANGED YET MANY WOULD BUY MASSIVE AMOUNTS OF THEM CAUSING A DISTORTION ON NOTE COUNTS.\u00a0<\/strong>THAT COULD DO SEVERE DAMAGE TO A COUNTRY. THIS IS THE REASON I BELIEVE WE WILL SEE SOME MINIMAL START WITH THE RIAL AT THE SAME TIME THE DINAR RETURNS!
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\u201cStraight Talk Radio\u201d Call!!<\/strong><\/span><\/h1>\n

\u201cfor Dinar News \u2013 that MATTERS!!\u201d
\nfrom Tues \u2013 9\/22<\/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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firefly (Dinar Researcher) –\u00a0<\/span><\/strong>Reforms are already in process as in being implemented.<\/strong>\u00a0\u00a0 M [Maliki]\u00a0is nuisance but no more than a fly on the wall!\u00a0\u00a0<\/span>If we have to wait till all corruption is done with…we will be waiting forever. Corruption is in EVERY country…NOT just in Iraq.<\/span>
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Millionday (Dinar Researcher) –\u00a0<\/span><\/strong>Article quote: “President of the Republic Fuad Masum, the detection of the completion of the project of reconciliation in the country poses after Eid al-Adha.<\/em>”\u00a0 FINALLY A TIMELINE FROM MASUM…\u00a0ACCORDING TO WHAT I HAVE READ THE RECONCILIATION IS PLANNED AND BEING PROMOTED TO TAKE PLACE AFTER THE EID FEAST ON THE 27TH \u2013HE IS STATING THAT THEY WILL NOT RESOLVE TERRORISM WITHOUT NATIONAL RECONCILIATION.<\/strong>\u00a0\u00a0 THIS IS HUGE, HUGE TO BE PROMOTING THE NATIONAL RECONCILIATION CONFERENCE.
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Backdoc (Dinar Guru) –\u00a0<\/span><\/strong>SOME IN DINARLAND HAVE EXPRESSED CONCERN THAT IRAQ WILL…DEVALUE ITS CURRENCY. IMO, IT IS IRRELEVANT WHETHER IRAQ DECREASES ITS VALUE IN THE SHORT TERM AS OTHER COUNTRIES HAVE DONE.\u00a0THAT TEMPORARY ISSUE HAS NOTHING TO DO WITH THE MONETARY REFORM! PERSONALLY, I HAVE NEVER BEEN MORE ENCOURAGED ABOUT THE DINAR, AS WELL AS SEVERAL OTHER CURRENCIES I HOLD!\u00a0<\/strong>THIS COMING WEEK SHOULD REALLY RAMP THINGS UP IN A NUMBER OF WAYS.\u00a0\u00a0IRAQ APPEARS TO BE CONCLUDING THE LONG AWAITED LAWS IN PREPARATION OF A RATE CHANGE!<\/span><\/strong>
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Chalabi reveals corruption files to Iraqi politicians and ministers of the most prominent al-Maliki<\/strong><\/span><\/h2>\n

\"ChalibiPalm-<\/strong>A member of the National Alliance and head of the parliamentary finance committee, \u201cAhmad Chalabi,\u201d about a group of well-known names thieves of public money.<\/p>\n

He said Chalabi on his page in the social networking \u201cfacebook\u201d site and I followed, \u201cnews agency palm\u201d The first group of thieves Iraq, which has been its files handed over to the Supreme Judicial Integrity Commission concerning Huda Bank, United Bank, North Bank, Middle East Bank and the Bank of Assyria…<\/p>\n

tman23 (Dinar Researcher) –\u00a0<\/span><\/strong>Opinion piece from 2012…”the monetary authority would still face the tough mission of determining the Iraqi dinar\u2019s exchange rate. Will it peg the dinar to the dollar, or to a basket of currencies? Or will the authority employ [floating exchange rates] – the current system – leaving the dinar\u2019s value to be determined by market forces…<\/em>”\u00a0\u00a0\u00a0Iraq has operated a parallel exchange rate…one that is floating in the market…and a fixed rate of 1166 that the CBI operates on for imports.<\/strong>\u00a0\u00a0 So Kap [Guru Kaperoni] saying floating exchange rates is nothing new simply because it has been floating on the streets for years now…BUT as the author noted…the best solution is to peg it to the dollar or a basket of currencies. \u00a0The history of developing countries is to peg…many studies have proven that “investors” do not the risk of a floating currency in a developing country…and that would be Iraq in it’s infancy of opening a new economy, a new government finding it’s foothold, and a military striving for competence.\u00a0\u00a0\u00a0<\/strong>
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Kaperoni (Dinar Research) –<\/span><\/strong>\u00a0Article:\u00a0 “A member of the parliamentary Economics expects improved financial policy for Iraq in 2016″\u00a0 Quote:\u00a0 “indicating that” policies that have drawn will lead to improvement in the financial situation of Iraq in the sixth month of the year 2016<\/em>\u00a0“.\u00a0\u00a0\u00a0This is an interesting article because [it implies]\u00a0what we have been saying for a while that once they let out the 50k note (end of this year), about mid 2016 they will be in a position to begin to float…<\/strong>
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Poppy3 (Dinar Intel) –\u00a0<\/span><\/strong>Basel III (or the Third Basel Accord) is a global, voluntary regulatory framework on bank capital adequacy, stress testing and market liquidity risk…many guru’s try to imply that basel has to be met for the new rate. NOT TRUE AT ALL.\u00a0 ANOTHER BIG MISCONCEPTION IS THE GCR OR GLOBAL CURRENCY RESET… ABSOLUTELY A MADE UP EVENT. NEVER HAPPEN<\/strong>…EVEN CHRISTINE LAGARD STATED THERE IS NO SUCH TERM EVER USED AT WHAT THE IMF DOES.\u00a0\u00a0\u00a0SHE STATED SEVERAL CURRENCIES (PRIMARILY M E COUNTRIES THAT TRADE WITH IRAQ WILL POSSIBLY NEED TO ADJUST THEIR CURRENCIES UP OR DOWN TO MAINTAIN FAIR TRADE VALUES.\u00a0<\/strong>\u00a0[post 2 of 2]
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Movements in the backstage of the National Alliance for change<\/strong><\/span><\/h1>\n

\"AbadiBaghdad\/<\/strong>\u00a0Informed sources revealed the movements behind the scene of the National Alliance for change.\u00a0Haidar Al-Abbadi, Iraqi Government after the reforms announced by the crisis raised with its partners.<\/p>\n

Sources told Asharq Al-Awsat published in London on Monday over a \u201chindrance\u201d to replace the Prime Minister, that \u201cboth the Islamic Supreme Council headed by Ammar al-Hakim and Sadr movement led by Muqtada al-Sadr say that if so it won\u2019t come anymore one of Dawa party (led by former Prime Minister Nuri al-Maliki) Prime Minister.\u201d<\/p>\n

Sources disclosed that the verbal altercation between Al-Abadi of Maliki and his predecessor.\u00a0She explained that the latter last week went to the headquarters of Abadi \u201cbegan shortly after the shouting between the two men.\u00a0\u201cMaliki out of Office Abadi angry talking about who what he called traitors and agents of the English, in reference to the party leaders who were with him and turned to Al-Abadi, including Sadeq al-Rikabi, Tareq Najem and Walid ornaments (and three British citizenship).<\/p>\n

In context, said Prime Minister Haidar Al-Abbadi, he knew that some close friends they will be turned after the reforms. \u201d…<\/strong><\/em><\/p>\n

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

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Poppy3 (Dinar Intel) –<\/span><\/strong>\u00a0The other part of this plan was introduced to the world as Basel Accord, by George W. Bush in 2006 when he first introduced the idea of changes to world wide banking policy. This was a very good idea in my opinion.\u00a0THIS WAS JUST AFTER GWB WAS CONVINCED BY ALLEN GREENSPAN AND DICK CHENEY CONVINCED HIM THE REVAL OF THE DINAR AND PRE-NEGOTIATED RATE FOR THE US TO BUY OIL FROM THEM WILL ALLOW THE AMERICAN TAX PAYER NEVER HAVE TO PAY FOR THE WAR IN IRAQ AND CONVINCED HIM TO SIGN INTO LAW 13303 SO THE PUBLIC AND CORPORATION IN AMERICA COULD BUY DINAR.<\/strong>\u00a0( HE TOLD THE PUBLIC THIS SEVERAL TIMES).\u00a0\u00a0 [post 1 of 2….stay tuned]
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BGG –\u00a0<\/span><\/strong>Article quotes:\u00a0 “…announced Rafidain Bank on the use of cards ironing Card and MasterCard in employees and retirees pay the salaries. “adding that “retirees who are abroad now can receive and withdraw their salaries from any ATM in any country It is in it<\/em>.”\u00a0 ...it appears retirees can use their cards anywhere in the world – likely because of the MasterCard deal.\u00a0\u00a0 I doubt it automatically guarantees an “internationl rate”…it appears the deal with MC allows them access.<\/strong>
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Poppy3 (Dinar intel) –\u00a0<\/span><\/strong>[September is history…especially with Parliament out till the 29th…\u00a0 …why the wait if they are in such a hurry?<\/em>]\u00a0\u00a0international banking rules and regulations they haven’t met yet<\/strong>…the international banking laws approved and met but their government and international rules keepers like the IMF, WB, UN FINANCE COMMITTEE. ETC ETC.\u00a0\u00a0…these are all things they are pushing as fast as possible daily now but governments and legals move slow in…regardless of the hurry. WE ARE IN GREAT PLACE AND OUR INVESTMENT GETTING MORE PROMISING EVERYDAY.\u00a0<\/strong>
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\"Dinar<\/a><\/p>\n

Iraqi Dinar\/Dollar auction 22-09-15<\/strong><\/span><\/h2>\n

Currency\u00a0Auctions\u00a0Announcement No. 3041 (most recent listing)<\/strong><\/p>\n

This daily currency\u00a0auction\u00a0was held in the Central\u00a0Bank\u00a0of Iraq on the 22-09-2015<\/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>\n29<\/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$)<\/td>\n207,554,813<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n207,554,813<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/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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Eagle1 (Dinar Guru) –<\/span><\/strong>\u00a0News out of Iraq…we have a report that Iraq passed the Anti-Terriorist Law and the Finance Responsibility Law…passed that,<\/strong>\u00a0and that wiped out a whole fistful of laws Maliki had on the the books that allowed him and his cronies to steal big time from the government.\u00a0\u00a0The International Investment Law was tabled until\u00a0next Monday, the 21st.\u00a0<\/strong>\u00a0Whether they take the vote or bump it out a few days, no one knows, but\u00a0what makes this law significant is the law has no teeth if we don’t have an RV, or a raise in value so that it is at least on par with the U.S. dollar where it’s got some worth to it<\/span>.\u00a0 If they don’t make the dinar at least on par to the U.S. dollar than this Investment Law really makes no sense.\u00a0\u00a0If they pass that law you can expect to see an RV. \u00a0<\/span><\/strong>
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tman23 (Dinar Researcher) –\u00a0<\/span><\/strong>Abadi made a statement a few days ago that he was not going to conduct business through the media…That has pretty much been the status quo of the top powers who count.\u00a0\u00a0Anything that is “market sensitive” which includes monetary reform is not going to be hashed out in public or through the media….\u00a0They may talk about laws and reforms but none of it will ever indicate outright that the currency will appreciate overnight in value.<\/span><\/strong>
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FrostyTheSnowman (Dinar Guru) –<\/span><\/strong>\u00a0…two questions on my mind.\u00a0 #1 – When will Dr. Shabibi be exonerated … including his trusted colleagues so they can return to work with honor?\u00a0 #2 – Where will the 12’s final chess piece land? (In Iraq’s favor … or Iran’s?)\u00a0\u00a0IMO — lock-up M [Maliki]\u00a0… and you lock-up Iran. Perhaps then will Dr. S be free to RV.<\/strong>
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BGG –\u00a0<\/span><\/strong>Your thoughts and beliefs on this post: “The HCL has nothing to do with what we need to look at. It’s not going to push anything forward or anything like that. The HCL has to do with the country federalizing and what they are going to do with oil<\/em>.”\u00a0\u00a0I agree…plus they have a “patch work” of oil laws that would work fine.<\/strong>
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\"Dinar<\/a><\/p>\n

Iraqi Dinar\/Dollar auction 21-09-15<\/strong><\/span><\/h2>\n

Currency\u00a0Auctions\u00a0Announcement No. 3040 (most recent listing)<\/strong><\/p>\n

This daily currency\u00a0auction\u00a0was held in the Central\u00a0Bank\u00a0of Iraq on the 21-09-2015<\/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>\n29<\/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$)<\/td>\n205,544,963<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n205,544,963<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/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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tlm724 (Dinar Guru) –\u00a0<\/span><\/strong>Article:\u00a0 “Parliament surprised by the government’s decision to withdraw 100 law including “federal” and “Service Board<\/em>“.\u00a0\u00a0 this is interesting…\u00a0there is controversy about the COM deciding to back burner these laws but\u00a0it was done to make sure the laws are up to speed with the reforms, the laws were done during Maliki’s term so I would do the same thing. PM Abadi obviously wants the financial laws front and center, as do we…<\/strong>
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Breitling (Dinar Research) –\u00a0<\/span><\/strong>Wall Street Journal Article “Stalled oil project weighs in on Iraq<\/em>“\u2026is this going to be a curse on the dinar being revalued?\u00a0 No it is not\u2026it\u2019s completely the exact opposite.<\/span><\/strong>\u00a0 That\u2019s their play.\u00a0 That\u2019s their back door.\u00a0 That\u2019s they\u2019re way out.\u00a0\u00a0What does Iraq have that nobody else has?<\/strong><\/span>\u00a0 The Iranian Rial is at market rate.\u00a0 The Saudi currency is at market rate.\u00a0 Guess what\u2019s not at market rate?\u00a0\u00a0It\u2019s the Iraqi Dinar<\/strong><\/span>.\u00a0 It\u2019s a huge play.\u00a0 Huge plus for us.\u00a0 Huge plus for Iraq.\u00a0 They can make up for this stuff [glut of world oil\/lower oil revenue].\u00a0\u00a0They can double their wealth just by\u2026adding value to their currency that should be there in the first place.<\/strong><\/span>\u00a0 Ok, that\u2019s a great strategy, how do we know they are going to do that?\u00a0\u00a0It\u2019s what we are always looking at\u2026they are taking currency off the market.\u00a0<\/strong><\/span>\u00a0They are setting it up in order to do that.\u00a0 It\u2019s good news for us.\u00a0\u00a0It puts Iraq\u2019s back up against the wall to get them to use their number one option\u2026their currency\u2026their number one defense.<\/strong><\/span>\u00a0 And you and I are sitting on millions of it.\u00a0 That\u2019s what we\u2019re hoping for and that\u2019s what we\u2019re looking at.
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BGG –\u00a0<\/span><\/strong>Article:\u00a0 “Najiba Najib: adoption of the investment law will help solving the problems of the financial budget<\/em>” \u00a0First – when is the Investment Law coming and exactly where does this law come up with the revenue to make good and this budget problem?\u00a0\u00a0OK – “reportedly – the Investment Law is coming soon” and secondly – good news to hear Najiba Najib talking like this\u00a0but worth pointing out – she is the MP calling for an RV recently (value, increase, whatever you want to call it…).\u00a0 So there it is – soon and she’s calling for an increase in value – as an answer to their budgetary crisis…<\/strong>\u00a0[how much weight does she have on making them do what she wants<\/em>?]\u00a0 MP and sits on either the Economic or Finance committee…
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Sunday “Dinar Talk\u201d Call!!<\/strong><\/span><\/h1>\n

\u201cLive Q & A – w\/BGG\u201d
\nfrom Sunday 9\/20<\/strong><\/em><\/span><\/h1>\n

641-715-3639 pin # 570743<\/i><\/b><\/span><\/h2>\n

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

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Millionday (Dinar Researcher) –\u00a0<\/span><\/strong>Article quote:\u00a0 “Endorsed President Dr. Fuad Masum, the political parties law passed by the House of Representatives in 27 of last August, and while stressing the need to ensure the success of the national reconciliation..<\/em>.”\u00a0\u00a0THE PRESIDENT HAS CALLED FOR ALL LAWS TO BE RESOLVED AND\u00a0HAS SIGNED THE LAW OF PARTIES<\/span>…HE IS PUSHING FOR THE SUCCESS OF THE NATIONAL RECONCILIATION<\/strong>…HE IS PUSHING FOR ALL PREPARATIONS TO BE DONE.\u00a0\u00a0 HE HAS CALLED OFFICIALS TO WRAP UP WHAT IS LEFT OF NATIONAL RECONCILIATION PLANS–\u00a0AGAIN MAKING IT CLEAR…ALL LAWS NEED TO BE ENACTED.<\/strong><\/span>
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POPPY3 (Dinar Intel) –<\/span> I CAN GIVE YOU THE TIMEING OF THE NEW RATE ??? ARE YOU LISTENING??<\/strong> THE RATE WILL APPEAR THE DAY AFTER THE LIST OF REQUIREMENT GIVEN TO THEM AT THE MEETING 3 MONTHS AGO BETWEEN ALL GOI, PARLIAMENT , UN , WB, IMF HAS BEEN MET AND NOT A DAY BEFORE OR A DAY LATER. WHEN THEY MEET THE DEMANDS – BINGO THEY WILL RELEASE A NEW RATE TO THE GLOBAL MARKETS .<\/strong> WHAT A GLORIOUS DAY. POPPY3
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Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>Many…intel \u201cgurus\u201d are now telling you there are two windows of opportunity that the PTB are aiming at for the currency reform mid September and the end of September.\u00a0 I also believe these two alternative timeframes have been set for an RV.\u00a0\u00a0 Mid September is here and Iraq has not yet completed all the promises from the mid June conference.\u00a0They have decided to extend the effort for another 2 weeks to the end of September. So do not expect any RV at least until this timeframe.\u00a0\u00a0<\/strong>So they will now move to a new target end of September ending as their next date. Iraq is very close to accomplishing the needed tasks…\u00a0\u00a0They have less than 2 weeks to pass a couple needed laws but these are the most controversial ones.<\/span>\u00a0 But the good news they are acting now and now is finally the time.\u00a0\u00a0<\/strong>[post 2 of 2]
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\"Dinar<\/a><\/p>\n

Iraqi Dinar\/Dollar auction 20-09-15<\/strong><\/span><\/h2>\n

Currency\u00a0Auctions\u00a0Announcement No. 3039 (most recent listing)<\/strong><\/p>\n

This daily currency\u00a0auction\u00a0was held in the Central\u00a0Bank\u00a0of Iraq on the 20-09-2015<\/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>\n10<\/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$)<\/td>\n206,679,578<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n206,679,578<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/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 (Dinar Guru) –\u00a0<\/span><\/strong>Earlier this week you saw they passed the Anti-Money Laundering Law<\/strong><\/span>…no whoopla though…then a few articles later…an announcement that the Investment Law was postponed until after the upcoming holiday<\/strong>.\u00a0 …the reforms that Abadi has proposed and is proposing take time to implement…it took Maliki 8 plus years to drag Iraq into the cesspool where they live today…can you honestly expect to see significant change in a couple of months…\u00a0 PM Abadi has his hands full battling ISIS in many areas and attempting to deal with corruption in a HUGE way in other areas…throw Maliki and his thugs into this mix along with the Iranians…he is working…but carefully… he makes calculated moves… he works in a wise manner.\u00a0We are there now to help, to show him and his government how to get things done in a faster and more efficient fashion<\/span>…but at the same time we stand in the shadows to allow the Iraqis all the credit.<\/strong>
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Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>…many say that Iraq is a sovereign country since they are now out of UN Chapter 7 sanctions (since June 2013) however\u00a0technically this is entirely NOT TRUE until they get their currency reinstated…they need political and economic stability along with physical security in order to get their currency reinstated<\/span>.\u00a0<\/strong>\u00a0 When they hit mid year of 2015 it was apparent that a new strategy and a plan had to be made to \u201caggressively\u201d push this reform process along…\u00a0 So in this June 2015 time period the PTB called another Paris Conference. Part of the dialogue was to come up this new plan…\u00a0 They asked how they could \u201cpick the low hanging fruit\u201d (prioritize the reforms that would given them the most benefit and can be accomplished in the shortest period of time).\u00a0They recently referred to these items as the \u00a0\u201chasty\u201d reforms.\u00a0 The plan also included sequencing the implementation of the laws so the reforms could work.\u00a0\u00a0We know the process now – distribute the lower denominations, launch the 50k notes in circulation, continue the project to delete the zeros to coincide with a significant increase in the value of their currency.<\/span><\/strong>\u00a0 [post 1 of 2….stay tuned]
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Corruption, corruption, corruption\u2026<\/em><\/strong><\/span><\/h1>\n

This is the watch word for today\u2026 and going forward. Iraq is rooting out corruption and fraud at every turn. This will not be an overnight success \u2013 but it may not be required to be a fully complete process prior to some kind of currency reform \/ value shift.<\/p>\n

The world powers spoke out \u2013 Iraq responded. This is good for Dinar investors. We should remember that\u2019s what this is \u2013 an investment. The big problem is timing\u2026 it\u2019s not coming fast enough for most people. I\u2019m with you there. However, none of us control the timing. It\u2019s not a \u201cguaranteed winning lottery ticket\u201d \u2013 it\u2019s an investment…<\/p>\n

Read More: http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong>
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Breitling (Dinar Researcher) –\u00a0<\/span><\/strong>The HCL has nothing to do with what we need to look at.\u00a0 It’s not going to push anything forward or anything like that.\u00a0 The HCL has to do with the country federalizing and what they are going to do with oil.
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tman23 (Dinar Researcher) –\u00a0<\/span><\/strong>Regarding Investment Law…Investment law is composed of three legal sources: international law (especially investment treaties), investment contracts between investors and states, and domestic law. At the international level, the main legal instruments relating to investment are investment treaties.\u00a0These primarily aim at protecting the foreign investor in the host state.\u00a0\u00a0The reason for the Iraq Bonds not yet being released for international sales yet… The Investment Law!<\/span>\u00a0<\/strong>BUT…Gurus will say it is because they need a (RV) rate… WHICH IS NOT SO!
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Kaperoni (Dinar Research) –\u00a0<\/span><\/strong>Article quote:\u00a0 “So fund managers say that Iraq will not find buyers for its bonds only if you pay very high returns<\/em>.”\u00a0\u00a0I think they mean investors feel that these bonds are to risky unless they make it worth their while..which is a high rate of return.<\/span>\u00a0 We will find out soon as a group from Iraq is on their way to the US to try and push these bonds…\u00a0<\/strong>\u00a0 Quote:\u00a0 “Iraq and systems to promote meetings for investors in London on Thursday and Friday is due to this activity moves to New York, Boston and Los Angeles this week<\/em>.”
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Deputy for the National: disclosure of the names of a lot of mischief in the next phase<\/b><\/span><\/span><\/p>\n

\"\"<\/p>\n

[Baghdad-where] –<\/b>\u00a0Deputy for the National Alliance said it will be revealed the names of a lot of mischief in the next phase.<\/p>\n

And between Abdul Hadi goodness of God told all of Iraq [where] “should be on the judiciary and the Integrity Commission that determined to take their active role, especially since there is an intention to repair what has been sabotage it in the government of former Prime Minister Nuri al-Maliki.” …<\/p>\n

http:\/\/www.dinarupdates.com\/showthread.php?20457-Deputy-for-the-National-disclosure-of-the-names-of-a-lot-of-mischief-next-phase&p=131131&viewfull=1#post131131<\/strong><\/a>
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tman23 (Dinar Researcher) –<\/span> Again……the mystery is the Investment Law ……<\/strong>which has been ready for quite sometime but keeps getting bumped…….there is some sense of timing for this particular law. \u00a0Bond sales…..<\/strong>Contracts…..and other foreign investments have been held off……….. \u00a0Recall……Iraq (just) paid off 9 billion plus owed to oil conpany contracts……the new contracts are on hold……..<\/strong> The new loans set up through reforms have not been opened yet…….. There is a sense that the opening of loans, contracts, and new economy is being delayed until the investment law is passed…..<\/strong>The question is……what comes first…..the removal of the 3 zeros or the investment law…….<\/strong> Then the other fact that I was told…….No money moves until after the closure of private meetings of the post isdd 2015 summit…….<\/strong>where if agreed……world wide infastructure building will be ramped up from double digit billions to several the several trillions…<\/strong>
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Adam Montana (Dinar Guru) –\u00a0<\/span><\/strong>[…a lot of us, a ton of us have the 25k note. If the CBI starts retiring more notes once it RV’s at a dime or above, then kept on a market float up, which notes would they eliminate first from 25k downward? From the 100 IQD upwards? How long of a window would we have to trade them in for other safer denoms<\/em>?]\u00a0\u00a0\u00a0I believe they will start with the 25k and go down, and we should have a window of AT LEAST 3 months, and probably a max of 2 years.<\/strong>
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Millionday (Dinar Researcher) –\u00a0<\/span><\/strong>Article quote:\u00a0 “The House of Representatives has held its day of the vote and the reading of a number of draft laws regarding been postponed hosted by Chairman Minister Haider al-Abadi until after the Eid holiday<\/em>”\u00a0\u00a0\u00a0SO MANY READY AND IN PLACE FOR VOTE ALL AT ONCE — I LOVE IT.\u00a0 SO AFTER EID WOULD LOOK LIKE MONDAY…WED WOULD BE 30TH.<\/strong>
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Parliamentary Integrity: reforms are still weak and will soon overthrow the heads of major corruption<\/b><\/span><\/span><\/p>\n

\"Talal<\/p>\n

[Baghdad-where]\u00a0<\/b>the chief of the Parliamentary Integrity Talal Zobaie, said that reforms of Prime Minister Haider al-Abadi against corruption is still weak, noting that “the days will see the direction the ouster of big heads.”…<\/p>\n

http:\/\/www.dinarupdates.com\/showthread.php?20461-Reforms-are-still-weak-and-will-soon-overthrow-the-heads-of-major-corruption&p=131136&viewfull=1#post131136<\/strong><\/a>
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Adam Montana (Dinar Guru) –\u00a0<\/span><\/strong>[The HCL: Any chance of that being resolved before Dec.<\/em>?]\u00a0\u00a0HCL – yes, I do have high hopes for pre-December!\u00a0<\/strong>\u00a0[how confident do you feel that an RV may happen before the end of the year<\/em>?]\u00a0\u00a0Provided the HCL goes through, I am optimistic. On a scale of 1-10: Cake.\u00a0<\/strong>
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Breitling (Dinar Research) –\u00a0<\/span><\/strong>…\u00a0it should have been here\u2026we don’t know.\u00a0 What’s going on\u2026what’s the problem?\u00a0 There is no problem, it’s a process.\u00a0<\/strong><\/span>\u00a0Who knows what it is they’re looking at.\u00a0 We don’t know.\u00a0 That’s a HUGE advantage for Iraq\u2026it’s a huge plus.\u00a0 The way they are managing the rebuild of their country, they are doing it right\u2026they have no control over the political and religious influence one way or the other but they definitely\u00a0 have control over the value of their currency so they can add more value to it and that is exactly what they are doing<\/strong><\/span>.\u00a0 [Post 2 of 2]
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BGG –\u00a0<\/span><\/strong>[…is MALIKI and his cronies gone…no one knows that if the WB and IMF got what they needed before Oct 1…<\/em>?]\u00a0\u00a0\u00a0Maliki is not gone (yet) – he is struggling to remain… The WB and IMF (as I understand it) got their deadline met… which further opens the door for MR [Monetary Reform].<\/strong>\u00a0\u00a0\u00a0 on a related note – the auction for the day [Wednesday] \u00a0goes one step further than yesterday – same $$ amount – spread out over 42 VARIOUS MONETARY OUTLETS!! WOW!!\u00a0 \u00a0so\u00a0it would appear the beginning stages of Abadi’s reforms are starting to take hold.<\/span><\/strong>
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Millionday (Dinar Research) –\u00a0<\/span><\/strong>THEY ARE RELEASING DOMESTIC BONDS IN IRAQ OCT 1ST\u00a0WITH A REGULATION IN PLACE IN IRAQ THAT ONLY DINAR IS USED AS THEIR CURRENCY<\/span><\/strong>\u00a0—\u00a0 BACKED BY THE USD AND SOLD ON THEIR MARKET …WHOOPOW.<\/strong>
\n______________________________________________________________<\/p>\n

tman23 (Dinar Researcher) –\u00a0<\/span><\/strong>Well I see the investment law vote was postponed…AGAIN…A mystery indeed. But it certainly leads to the theory that the 3 zeros may be required to be gone before the proceed…\u00a0And I say this because this investment law is tied DIRECTLY to the iisd summit that has started and will end 10\/1…with special meetings for agreements closing 10\/5.<\/strong>
\n______________________________________________________________<\/p>\n

Breitling (Dinar Researcher) –\u00a0<\/span><\/strong>The “two year process” has nothing to do with it’s not going to revalue at the beginning.\u00a0\u00a0The two year process has to do with reducing the note count, adding value to the currency and adding a new currency to the economy in ABOUT a two year time frame<\/span><\/strong>\u2026I say “about” because it’s not an exact science and they don’t have an exact say over it\u2026you can’t just push a button.\u00a0 Is IT around the corner?
\n______________________________________________________________<\/p>\n

Millionday (Dinar Researcher) –\u00a0<\/span><\/strong>Article quote:\u00a0 “The House of Representatives postponed a vote on its second day of the draft amendment to the Law of Investment Law…The House of Representatives has held its day of the vote and the reading of a number of draft laws regarding been postponed hosted by Chairman Minister Haider al-Abadi until after the Eid holiday<\/em>.”\u00a0\u00a0\u00a0THE AMENDMENT VOTE FOR INVESTMENT IS REPORTABLY POSTPONED AND THE HOSTING OF ABADI.<\/strong>\u00a0\u00a0\u00a0Sep 24 Thursday\u00a0 [to] Sep 27 Sunday Eid-al-Adha holiday National holiday.\u00a0<\/strong>\u00a0\u00a0[do they work on these holidays<\/em>?]\u00a0\u00a0IN WHAT I HAVE SEEN OVER THE MANY YEARS — YES THEY DO.\u00a0<\/strong>\u00a0IT IS A NATIONAL HOLIDAY SO THE WORKER IS IMPACTED.
\n______________________________________________________________<\/p>\n

Chalabi: Detection of “dollar auction gangs” in the Central Bank<\/span><\/span><\/b><\/p>\n

\"Dinar<\/a>Between the head of the parliamentary finance committee, Ahmad Chalabi, on Thursday, the central bank sold to banks own “312” billion dollars under the pretext of import, revealing that the government needs to “115” billion dollars only.<\/p>\n

He revealed Chalabi, said the Finance Committee revealed the dollar auction gangs in the bank Central, and reached extensive information, but there is no response from the central bank or from the government according to the source.<\/p>\n

Chalabi said “551” billion dollars entered Iraq from 2006 to 2014 “and that” imports of the Iraqi state in full, of food, clothing, fuel and weapons , only “115” billion dollars “do not need, and Acharvi interview told” news “that the central bank sold to banks for import under the pretext of” 312 “billion dollars, equivalent to 270% of the imports of the state.”<\/p>\n

http:\/\/www.dinarupdates.com\/showthread.php?20403-Chalabi-Detection-of-quot-dollar-auction-gangs-quot-in-the-Central-Bank-9-17&p=131056&viewfull=1#post131056<\/a><\/strong>
\n______________________________________________________________<\/p>\n

Backdoc (Dinar Guru) –\u00a0<\/span><\/strong>DO YOU THINK THE WORLD BANK AND THE IMF WOULD GIVE THEM ANOTHER PENNY IF THEY WERE TO BE BLACKLISTED AND NOT DOING WHAT THEY ARE SUPPOSED TO?\u00a0\u00a0OF COURSE NOT!\u00a0 EVERYTHING IS ON SCHEDULE…IMO.<\/strong>
\n______________________________________________________________<\/p>\n

Adam Montana (Dinar Guru) –\u00a0<\/span><\/strong>Man, oh, man… are things moving slowwwwww right now….And even as slow as things feel right now…understand that Abadi IS getting stuff done, and we are DEFINITELY on the right track.<\/strong>\u00a0 I’ll give that two thumbs up, even though we are still waiting on the HCL.
\n______________________________________________________________<\/p>\n

Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>Article:\u00a0 “PARLIAMENTARY DEFENSE AND SECURITY MEMBER CONFIRMS THE EXISTENCE OF US PRESSURES TO PASS THE LAW NATIONAL GUARD<\/em>”\u00a0\u00a0\u00a0The National Guard…is an URGENT and VERY IMPORTANT law to get passed and implemented.\u00a0 I fully expect them to reconcile any differences in this law in the coming days and we will see this law passed soon.<\/strong>
\n______________________________________________________________<\/p>\n

BGG –\u00a0<\/span><\/strong>Article quote:\u00a0 “House of Representatives vote on the anti-money laundering and the financing of terrorism law…and the committees concerned to finalize the law…<\/em>”\u00a0\u00a0\u00a0Which all means it’s probably done now…\u00a0so the Oct 1st – hard deadline from the WB\/IMF is met<\/strong>…what that fully means for Iraq? We wait and see… something – for sure…\u00a0However, they have put off the Investment Law…<\/strong>(I kind of doubt this delay holds though)…\u00a0and… it’s not REQUIRED – but it would look better for Abadi…
\n______________________________________________________________<\/p>\n

Frank26 (Dinar Guru) –\u00a0<\/span><\/strong>PLEASE STOP TELLING ME AND DELTA ABOUT MARCH 2017…WE KNOW THE RUMOR AND SOURCE…18 MONTHS IS ALL THE RESERVES THEY HAVE AND THIS PERSON CALCULATED IT WOULD LAST UNTIL MARCH 2017.\u00a0<\/strong>SORRY…IOO…THATS DUMB.
\n______________________________________________________________<\/p>\n

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

\u201cfor Dinar News \u2013 that MATTERS!!\u201d
\nfrom Thurs \u2013 9\/17 (AM call)<\/strong><\/em><\/span><\/h1>\n

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

\u00a0Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n

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tlm724 (Dinar Guru) –\u00a0<\/span><\/strong>Article:\u00a0 “Urgent .. Parliament postpones vote on the Investment Law and proceed to vote on the money laundering law<\/em>”\u00a0\u00a0I’d be ok if they just get the AML done then they can deal with the paragraphs in the investment law…<\/strong>
\n______________________________________________________________<\/p>\n

Kaperoni (Dinar Researcher) –<\/span><\/strong>\u00a0Article quote:\u00a0 “Finance Committee in the House of Representatives propose to the central bank and the government to adopt “restrictive flotation” in the auction currency..<\/em>.”\u00a0\u00a0\u00a0\u00a0I do believe, once they stabilize the country and get the economy going, the CBI will float the dinar<\/strong>.\u00a0How and when that starts is yet to be determined.\u00a0\u00a0<\/strong>The good news is these kinds of articles seem to be more frequent.
\n______________________________________________________________<\/p>\n

Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>Sooooooooooo much news coming out of Iraq\u00a0I can hardly believe the progress and all in the right direction<\/span>.<\/strong>\u00a0 …I believe it is a critical period we are now entering and all of you should be prepared for anything to happen in the very near future…this timeframe from mid September onward is a critical timeframe for Iraq\u00a0<\/span>and much is riding on them completing these economic reforms and other reforms on time.<\/strong>
\n______________________________________________________________<\/p>\n

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

Iraqi Dinar\/Dollar auction 17-09-15<\/strong><\/span><\/h2>\n

Currency\u00a0Auctions\u00a0Announcement No. 3038 (most recent listing)<\/strong><\/p>\n

This daily currency\u00a0auction\u00a0was held in the Central\u00a0Bank\u00a0of Iraq on the 17-09-2015<\/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>\n27<\/td>\n<\/tr>\n
Number of\u00a0remittance\u00a0companies<\/td>\n4<\/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$)<\/td>\n170,079,150<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n170,079,150<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/td>\n—–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

Kaperoni (Dinar Researcher) –\u00a0<\/span><\/strong>Article: “House of Representatives vote on the anti-money laundering and the financing of terrorism law<\/em><\/strong>” Quote: “The Presidency has decided to postpone the vote on the draft second amendment to the Law of Investment Law\u00a0<\/strong>No. 13 of 2006 and submitted by the committees economy, investment and financial study to be ripening and vote the event of a resumption of meetings after Eid al-Adha.\u00a0\u00a0The Council voted on a draft anti-money laundering law and the financing of terrorism…And then it decided to adjourn the meeting until Tuesday 29\/9\/2015<\/strong><\/em>”\u00a0\u00a0\u00a0…removing the Investment Law to a later time does not surprise me.<\/strong>
\n______________________________________________________________<\/p>\n

BGG –\u00a0<\/span><\/strong>“…He said the Information Office of Ebadi said in a statement, said the cabinet approved the draft Cancel the posts of Vice President of the Republic Act…<\/em>”\u00a0\u00a0\u00a0Cabinet approves bill to cancel the posts of Vice-President of the Republic Act.\u00a0 MALIKI IS GONE (soon)<\/strong>…not only is the CoM wanting to push forward the removal of these crooks (as a law) –\u00a0but they are also withdrawing ALL the previous junk not voted on yet.\u00a0<\/strong>\u00a0IT’S HUGE NEWS!!
\n______________________________________________________________<\/p>\n

Mnt Goat (Dinar Guru) –\u00a0<\/span><\/strong>…parliament was to supposed to vote on the draft anti-money laundering and terrorism financing law today<\/strong>…This is another one much needed for the reforms…we also see a vote on…the Investment law on the …today.\u00a0\u00a0<\/strong>Hurray!\u00a0…these reforms are tied to reinstating their currency meaning RV time!<\/strong>
\n______________________________________________________________<\/p>\n

Kaperoni (Dinar Researcher) –<\/span><\/strong>\u00a0Article:\u00a0 “Cabinet Approves Cancel posts of Vice-President of the Republic and referred to parliament<\/em>”\u00a0\u00a0 Though this sounds good,\u00a0the key here is the CoM was probably told what PM Abadi’s\u00a0 plan to cancel the vice presidencies was unconstitutional.\u00a0 And so the CoM just wrote a bill to disolve them…and now it says it has been submitted to parliament for a vote.\u00a0\u00a0 In other words, parliament will decide if they are cancelled or not.<\/strong>
\n______________________________________________________________<\/p>\n

BGG –\u00a0<\/span><\/strong>[So all the laws are going to be passed all at once? is that correct<\/em>?]\u00a0\u00a0\u00a0…the AML Law and Investment Law are on the agenda.\u00a0\u00a0<\/strong>Anti-Money Laundering Law…This is the one the WB and IMF want…likely pointed directly at Maliki and his corrupt gang.\u00a0 […the iraqi parliament agenda for tomorrow [Wednesday]…says “The vote on the draft anti-money laundering and terrorism financing law.” and “The vote on the draft second amendment to the Law of Investment”<\/em>.]\u00a0\u00a0 …sounds like a vote to me.\u00a0 That is good news.\u00a0<\/strong>\u00a0 [When everything is voted thru, then when is it Implemented…When should they Revalue or RV<\/em>?]\u00a0value can happen anytime… these are just things that OBVIOUSLY open the door wide for monetary reform…but there is nothing that says they can’t do whatever they want when the “obstructionists” are well “on the ropes”.<\/strong>\u00a0 [All the laws are NOT needed for international acceptance<\/em>.]\u00a0\u00a0you are correct.<\/strong>
\n______________________________________________________________<\/p>\n

tlm724 (Dinar Guru) –\u00a0<\/span><\/strong>Article:\u00a0 “Selling foreign bonds to fill budget deficit<\/em>”\u00a0\u00a0\u00a0I don’t think they will have much trouble selling these bonds after tomorrows vote on the AML and investment law, those laws will provide a certain level of confidence.<\/strong>
\n______________________________________________________________<\/p>\n

The agenda of the session number (23) Wednesday 16 September 2015<\/b><\/span><\/span><\/p>\n

The third parliamentary session<\/span><\/strong>
\nThe second legislative year<\/span><\/strong>
\nThe first legislative term<\/strong>
\n<\/span>
\nFirst, read verses from the Koran.
\n<\/span>
\nSecond:<\/strong> The vote on the draft second amendment to the Law of Investment Law No. (13) for the year 2006.(Commission of Economy and Investment,<\/a> the Finance Committee).<\/a> (17 articles).
\n<\/span>
\nThird:<\/strong> The vote on the draft anti-money laundering and terrorism financing law. (Finance Committee,<\/a> the Integrity Commission,<\/a> for the security and defense committee,<\/a> the Legal Committee).<\/a> (Article 57).
\n<\/span>
\nFourth:<\/strong> The second reading of the draft regulation of human organ transplantation and prevent trafficking by law. (For the Health and Environment Committee,<\/a> the Committee of Awqaf and Religious Affairs). (Article 31).
\n<\/span>
\nFifth:<\/strong> The second reading of the draft law of private security companies. (Commission on Security and Defence). (Article 42).
\n<\/span>
\nSixth:<\/strong> The second reading of the draft universities and colleges civil law. (Higher Education Commission, the Legal Committee).<\/a> (Article 56).<\/span>
\n
\nSession starts at: ten in the morning.<\/strong><\/span><\/p>\n

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

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

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

______________________________________________________________<\/p>\n

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

\"Dinar<\/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

www.DinarUpdates.com<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"

Word for the day… Psalm 16:11 (NKJV) 11 You will show me the path of life; In Your presence is fullness of joy; At Your right hand are pleasures forevermore. Heavenly Father, Thank You that You are love! Thank You … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[3,24,17,5,18,6,7,26,23,20,22,25,19,14,9],"class_list":["post-11039","post","type-post","status-publish","format-standard","hentry","category-dinar-observer","tag-dinar","tag-dinar-corp","tag-dinar-detectives","tag-dinar-guru","tag-dinar-gurus","tag-dinar-info","tag-dinar-news","tag-dinar-recaps","tag-dinar-recaps-blog","tag-dinar-trade","tag-dinar-updates","tag-dinar-value","tag-dinar-vets","tag-iqd","tag-iraqi-dinar"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8gMgY-2S3","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/11039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11039"}],"version-history":[{"count":16,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/11039\/revisions"}],"predecessor-version":[{"id":11041,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/11039\/revisions\/11041"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

Read More:\u00a0http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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