{"id":11693,"date":"2015-12-06T23:06:30","date_gmt":"2015-12-07T05:06:30","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=11693"},"modified":"2015-12-08T20:56:57","modified_gmt":"2015-12-09T02:56:57","slug":"dinar-observer-daily-dec-6th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=11693","title":{"rendered":"DINAR OBSERVER DAILY Dec 8th"},"content":{"rendered":"<p><span style=\"color: #008000;\"><strong>Welcome to the Dinar Observer &#8211; Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info &#8211; THAT MATTERS!! This is a good place to start for your Daily Dinar Recap &#8211; whether you are a Dinar vet or just looking for a little current Dinar info &#8211; Welcome.<\/strong><\/span><\/p>\n<h1><strong><em>Word for the day&#8230;<\/em><\/strong><\/h1>\n<h1><span style=\"color: #800000;\">Colossians 3:23 (NKJV)<\/span><\/h1>\n<p>23 And whatever you do, do it heartily, as to the Lord and not to men,<\/p>\n<h2><em>Heavenly Father, Thank You that Jesus is our Peace! We pray that whatever we do today that we do it as unto You, Lord \ud83d\ude42 In Jesus Name, Amen.<\/em><\/h2>\n<h2><em>Mrs. BGG<\/em><\/h2>\n<p>______________________________________________________________<\/p>\n<h2><strong><span style=\"color: #ff0000;\">CURRENCY CODE SELL BUY<br \/>\n<\/span><\/strong><\/h2>\n<p><strong><span style=\"font-size: large;\"><span style=\"color: #ff0000;\">Dinar to USD &#8211; Dinar Value &#8211; Iraqi Dinar &#8220;IQD&#8221; listing<\/span><\/span><\/strong><\/p>\n<table class=\"tableData\" width=\"100%\" border=\"0\" cellspacing=\"0\" cellpadding=\"3\">\n<tbody>\n<tr class=\"tableRowHead\">\n<td class=\"rateCell\">CURRENCY<\/td>\n<td class=\"rateCell\" align=\"center\">CODE<\/td>\n<td class=\"rateCell\" align=\"center\">SELL<\/td>\n<td align=\"center\">BUY<\/td>\n<\/tr>\n<tr class=\"rateTableRowLight\">\n<td class=\"rateCell\">US dollar<\/td>\n<td class=\"rateCell\" align=\"center\">USD<\/td>\n<td class=\"rateCell\" align=\"center\">1182.000<\/td>\n<td align=\"center\">1180.000<\/td>\n<\/tr>\n<tr class=\"rateTableRowDark\">\n<td class=\"rateCell\">Euro<\/td>\n<td class=\"rateCell\" align=\"center\">EUR<\/td>\n<td class=\"rateCell\" align=\"center\">1252.920<\/td>\n<td align=\"center\">1252.294<\/td>\n<\/tr>\n<tr class=\"rateTableRowLight\">\n<td class=\"rateCell\">British pound<\/td>\n<td class=\"rateCell\" align=\"center\">GBP<\/td>\n<td class=\"rateCell\" align=\"center\">1782.220<\/td>\n<td align=\"center\">1781.328<\/td>\n<\/tr>\n<tr class=\"rateTableRowDark\">\n<td class=\"rateCell\">Canadian dollar<\/td>\n<td class=\"rateCell\" align=\"center\">CAD<\/td>\n<td class=\"rateCell\" align=\"center\">883.937<\/td>\n<td align=\"center\">883.495<\/td>\n<\/tr>\n<tr class=\"rateTableRowLight\">\n<td class=\"rateCell\">Swiss franc<\/td>\n<td class=\"rateCell\" align=\"center\">CHF<\/td>\n<td class=\"rateCell\" align=\"center\">1148.911<\/td>\n<td align=\"center\">1148.337<\/td>\n<\/tr>\n<tr class=\"rateTableRowDark\">\n<td class=\"rateCell\">Swedish krona<\/td>\n<td class=\"rateCell\" align=\"center\">SEK<\/td>\n<td class=\"rateCell\" align=\"center\">135.959<\/td>\n<td align=\"center\">135.891<\/td>\n<\/tr>\n<tr class=\"rateTableRowLight\">\n<td class=\"rateCell\">Norwegian krone<\/td>\n<td class=\"rateCell\" align=\"center\">NOK<\/td>\n<td class=\"rateCell\" align=\"center\">136.164<\/td>\n<td align=\"center\">136.096<\/td>\n<\/tr>\n<tr class=\"rateTableRowDark\">\n<td class=\"rateCell\">Danish krone<\/td>\n<td class=\"rateCell\" align=\"center\">DKK<\/td>\n<td class=\"rateCell\" align=\"center\">167.948<\/td>\n<td align=\"center\">167.864<\/td>\n<\/tr>\n<tr class=\"rateTableRowLight\">\n<td class=\"rateCell\">Japanese yen<\/td>\n<td class=\"rateCell\" align=\"center\">JPY<\/td>\n<td class=\"rateCell\" align=\"center\">9.598<\/td>\n<td align=\"center\">9.593<\/td>\n<\/tr>\n<tr class=\"rateTableRowDark\">\n<td class=\"rateCell\">Special<br \/>\nDrawing Rights<\/td>\n<td class=\"rateCell\" align=\"center\">SDR<\/td>\n<td class=\"rateCell\" align=\"center\">1623.973<\/td>\n<td align=\"center\">1623.161<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><strong>Indicative rates &#8211; 12.08.2015\u00a0<\/strong><\/h2>\n<h2><em><strong><a href=\"http:\/\/www.cbi.iq\/\" target=\"_blank\">http:\/\/www.cbi.iq\/<\/a><\/strong><\/em><\/h2>\n<p>______________________________________________________________<\/p>\n<h2><span style=\"color: #800000;\"><em><strong>I believe in getting into hot water; it keeps you clean. &#8211; G. K. Chesterson<\/strong><\/em><\/span><\/h2>\n<p>______________________________________________________________<\/p>\n<h1 style=\"text-align: center;\">*** Current Posts ***<\/h1>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211;\u00a0<\/span><\/strong><strong>Let\u2019s look at December a little closer&#8230;the IMF told Iraq we are going to help you with&#8230;security, loans&#8230;everything&#8230; when we go into the first quarter of 2016 according to the contract you just signed with us you will be of international status&#8230;Article 8 compliant&#8230;you will have a currency with a new rate<\/strong>&#8230;after all that is what the contract says that you signed&#8230;<strong>well this looks like what they are doing&#8230;\u00a0<\/strong>\u00a0 Dec 15th&#8230;what about this date&#8230;now this might melt into Dec 16th or Dec 17th&#8230;we aren\u2019t sure but\u00a0<strong>that is the date frame that we believe the taxes and tariffs to be implemented at the borders of Iraq<\/strong>&#8230;will they be implemented with new codes and a new rate?\u00a0\u00a0<strong>&#8230;from the 15th to the 17th&#8230;will tell us an awful lot&#8230;we need to see a change in the rate in this time frame<\/strong>&#8230;if they don\u2019t they\u2019ve lost the opportunity for the taxes and tariffs and with this 2% compliance that IMO equals a float.\u00a0 I mean golly&#8230;why swim half way across the English Channel only to swim back.\u00a0\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Poppy3 (Dinar Guru) &#8211;\u00a0<\/span><\/strong>THINGS LOOKING VERY GOOD.\u00a0\u00a0<strong>EXPECT RV IN OR BY THE FIRST.<\/strong>\u00a0CONSIDER THE FACT THAT EVERYDAY FOR MONTHS NOW ABADI HAS BEEN ON TRACK AND PUSHING EVERY BUTTON TO MEET THE RATE ASAP.\u00a0\u00a0<strong>\u00a0NONE OF ANY OF THE THINGS THEY ARE DIRECTLY FOCUSED ON WOULD BE NEEDED AT ALL EXCEPT TO RAISE THE RATE OF THE DINAR.\u00a0\u00a0<span style=\"color: #c23b3b;\">NOTHING NOT ONE THING THEY HAVE DONE NEEDED TO BE DONE IF THEY WHERE NOT GOING TO RAISE THE RATE<\/span><\/strong><span style=\"color: #c23b3b;\">..<\/span>.THIS WEEK IN THE PAPER AND TV NEWS IN IRAQ THEY WILL HAVE MORE BUYING POWER THIS YEAR.\u00a0<strong>\u00a0HE ALSO ANNOUNCED THAT LOWER DINAR WAS BEING DISPENSED TO ALL BANKS.<\/strong>\u00a0\u00a0HOW MUCH CLEARER CAN THEY MAKE IT.\u00a0\u00a0<strong>ITS BEGINNING TO LOOK LIKE A VERY HAPPY NEW YEAR AND MAYBE A VERY MERRY CHRISTMAS.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">firefly (Dinar Guru) &#8211;\u00a0<\/span><\/strong>[<em>Have you seen any current information on the taxes and tarriffs going into effect on december 15th?<\/em>]\u00a0<strong>\u00a0All I KNOW is it HAS to be VERY soon. Have faith, we are oh sooooo close.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #0000ff;\"><strong>Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n<h2><strong><a href=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2014\/03\/images-11.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft\" title=\"images (1)\" alt=\"\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2014\/03\/images-11.jpg?resize=133%2C130\" width=\"133\" height=\"130\" \/><\/a><span style=\"color: #ff0000;\">Don&#8217;t Miss &#8220;NEWS TIME&#8221; in the DU CHAT ROOM &#8211; Wednesday evening at 7:30pm EST!!<\/span><\/strong><\/h2>\n<p><strong><a href=\"http:\/\/www.dinarupdates.com\/\" target=\"_blank\" rel=\"nofollow\">www.DinarUpdates.com<\/a> &#8211; save as favorite!!<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">wmawhite (Dinar Guru) &#8211;\u00a0<\/span><\/strong>It is true&#8230;that individually we do not know when&#8230;<strong>but we have been that the IQD will change in value<\/strong>&#8230;and the IMF has told the world what their expectation is.\u00a0\u00a0<strong>The IMF stated 3 weeks ago concerning Iraq:\u00a0<span style=\"color: #c23b3b;\">\u00a0he stressed that Iraq will return to economic market during the first half of next year.<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Kaperoni (Dinar Guru) &#8211;\u00a0<\/span><\/strong>Article:\u00a0 &#8220;<em>Search our economy unique to the deployment of the central bank governor on the sale of currency and monetary reserve Iraqi window<\/em>&#8221;\u00a0\u00a0\u00a0\u00a0<strong>&#8230;<span style=\"text-decoration: underline;\">the CBI is trying to demonstrate they can manage the currency within the guidelines of the IMF<\/span>.\u00a0\u00a0<\/strong>\u00a0If the CBI can&#8217;t maintain a spread through the daily auctions (a sort of supply and demand) in a closed system, how in the heck would they ever manage the dinar when it floats worldwide via true supply and demand?\u00a0<strong>\u00a0\u00a0&#8230;under Article XIV, the CBI is learning how to manage an exchange rate.<\/strong>\u00a0\u00a0<strong>It is in the CBI&#8217;s best interest to achieve the goals set forth by the IMF so they can join the big boys. It is in hope that happens by sometime next year.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Poppy3 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0<strong>FULL PARLIAMENT IN SESSION ON THE 8TH.<\/strong>\u00a0AGENDA WILL BE SET IN THE MORNING. COMMITTEES AND TEAMS HAVE BEEN MEETING FROM THE FIRST DAILY.\u00a0\u00a0HOPE ALL COMMITTEES FINISHED THEIR DUTY.\u00a0[<em>Do you foresee a lot of stuff getting done between now and new years<\/em>?]\u00a0\u00a0<strong>YES I DO LOTS OF MOVEMENT.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #800000;\"><strong>DinarUpdates.com Afternoon Chat 12-08-15 PM<\/strong><\/span><\/h1>\n<p><strong>Thanks to <a href=\"http:\/\/dinardetectives.com\/\" target=\"_blank\">Dinar Detectives<\/a> for a post and <a href=\"http:\/\/www.dinarrecaps.com\/\" target=\"_blank\">Dinar Recaps<\/a> for posting this in their <a href=\"http:\/\/www.dinarrecaps.com\/our-blog\" target=\"_blank\">BLOG<\/a><\/strong><\/p>\n<p><strong>Welcome to dinarupdates.com w\/BGG!!<\/strong><\/p>\n<p><strong> popeye7 says to tman23:<\/strong>\u00a0And IMHO they will need a internationally acceptable currency before the 1st of the year to get it going in the right direction&#8230;. This investment is about to pay off despite all of the turmoil, and misinformation in that area&#8230;<\/p>\n<p><strong>dwightj says:<\/strong><br \/>\nthats strange it is not the 5th yet not even there<\/p>\n<p><strong>Baxter1243 says:<\/strong><br \/>\nI dont believe after all that I have read&#8230; that they can go international with their rate&#8230; without being in Article 8&#8230;. just my opinion&#8230;<\/p>\n<p><strong>DiagyAAAE says:<\/strong><br \/>\nBAX you causing trouble again?<\/p>\n<p><strong>Baxter1243 says:<\/strong><br \/>\nNo&#8230;.. not at all&#8230; I just dont think they can&#8230;<\/p>\n<p><strong>tman23 says to popeye7:<\/strong><br \/>\nWhen Iraq takes the IMF money this round, along with japanese loans&#8230;&#8230;. I do not believe they are going to be afforded the luxury of double book keeping&#8230;&#8230;.. and the manipulation of the market through the 3 zeros&#8230;&#8230;..<\/p>\n<p><strong>dwightj says:<\/strong><br \/>\nbax that is true.<\/p>\n<p><strong>BGG says:<\/strong><br \/>\nWhat is curious &#8211; the market rate is actually a tiny bit stronger&#8230; 1212 &#8211; and the number they are selling for &#8220;appears&#8221; weaker&#8230; 1182 &#8211; the real story here is&#8230;<\/p>\n<p><strong>popeye7 says to tman23:<\/strong><br \/>\nYep&#8230; Drop em declares the IMF&#8230; And they will comply&#8230;<\/p>\n<p>BGG says:<br \/>\nin one fell swoop &#8211; they just complied with IMF 2% Market\/Sell rate guidelines&#8230; which I have said would happen all along. When it is time &#8211; they will &#8220;magically&#8221; be in compliance&#8230; which they are now &#8211; BOOM.<\/p>\n<p><strong>BGG says:<\/strong><br \/>\nAND &#8211;<\/p>\n<p><strong>_firefly_ says to BGG:<\/strong><br \/>\nAll about timing my friend !<\/p>\n<p><strong>BGG says:<\/strong><br \/>\nmy next &#8220;prediction&#8221; is &#8211; they will be given some &#8220;waiver \/ variance&#8221; to IMF regulations&#8230; (for instance, the 3 month compliance timeline&#8230;)<\/p>\n<p><strong>LLN65 says:\u00a0<\/strong>BGG &#8211; nice I am liking your prediction \ud83d\ude42<\/p>\n<p><strong>wmawhite says to BGG:<\/strong><br \/>\nI don&#8217;t know&#8230;howver, won&#8217;t doubt if that is a part of the current MOU.<\/p>\n<p><strong>dwightj says to BGG:<\/strong><br \/>\nsounds good to me we wait<\/p>\n<p><strong>Baxter1243 says:<\/strong><br \/>\nBGG&#8230; there is a paragraph that says the IMF does have the power to waiver the 90 days<\/p>\n<p><strong>tman23 says to BGG:<\/strong><br \/>\nI agree&#8230;..as it immediately avoids the chance for market speculation &#8230;.<\/p>\n<p><strong>Baxter1243 says:<\/strong><br \/>\nwith all things considered.. they just may<\/p>\n<p><strong>BGG says to Baxter1243:<\/strong><br \/>\nImagine that!! I believe they can and will&#8230;<\/p>\n<p><strong>popeye7 says to tman23:<\/strong><br \/>\nYep&#8230; Poof.. Here it is&#8230;<\/p>\n<p><strong>BGG says to Baxter1243:<\/strong><br \/>\nthis recent &#8220;adjustment&#8221; seems a little convenient&#8230; they haven&#8217;t been able to get that under control &#8211; and now, for no identifiable reason &#8211; there it is.<\/p>\n<p><strong>DiagyAAAE says:<\/strong><br \/>\nWhy is it when BGG does RV talk, everyone agrees with him&#8230; LOL ya&#8217;ll are funny!!! BGG not to say that I don&#8217;t agree with you. You have alot of pull sir! \ud83d\ude00<\/p>\n<p><strong>Baxter1243 says:\u00a0<\/strong>BGG&#8230;.. IMF kind of made them do it&#8230; My opinion<\/p>\n<p><strong>popeye7 says to LLN65:<\/strong>\u00a0Hello. and how are you?&#8230; Thanks for your support on this site&#8230;<\/p>\n<p><strong>dwightj says to BGG:<\/strong>\u00a0my understanding is that the market rate can move up or down as long as it stays within the 2%<\/p>\n<p><strong>BGG says to DiagyAAAE:<\/strong>\u00a0Because I don&#8217;t make $4!t up&#8230; I comment on what everyone should be able to see&#8230; \ud83d\ude00<\/p>\n<p><strong>DiagyAAAE says:<\/strong>\u00a0(lol)<\/p>\n<p><strong>BGG says to DiagyAAAE:<\/strong>\u00a0and I&#8217;m not talking RV &#8211; but this is a very curious development.<\/p>\n<p><strong>LLN65 says:<\/strong>\u00a0BGG &#8211; like over and over and over and over again \ud83d\ude00 you think we&#8217;d get it<\/p>\n<p><strong>BGG says to DiagyAAAE:<\/strong>\u00a0BTW &#8211; the spread has gotten 2 Dinars better since this &#8220;got off the ground&#8221; on Dec 1st&#8230;<\/p>\n<p><strong>wmawhite says to BGG:<\/strong><br \/>\nExactly&#8230;&#8230;&#8230;..and we want to know what happens as Iraq re-enters the global markets during 2016.<\/p>\n<p><strong>DiagyAAAE says:<\/strong>\u00a0Well i dont think anyone else specifically calls RV either but they get jumped on. I just noticed no one will agree to disagree with you! I love it! And you are always spot on with your comments<\/p>\n<p><strong>popeye7 says to LLN65:\u00a0<\/strong>Terrific&#8230; Enjoying all of the convo on this site&#8230; Even if at times it does get a little spicy&#8230; LIke someone once said&#8230; If everyone is in agreement with each other, there is not a whole lot of thinking going on&#8230;<\/p>\n<p><strong>BGG:<\/strong> (Gen. George S. Patton)&#8230;<\/p>\n<p><strong>LLN65 says:\u00a0popeye7 :<\/strong>D true spicy and dicey<\/p>\n<p><strong>tman23 says to DiagyAAAE:<\/strong>\u00a0I emphatically disagree with everything BGG is saying&#8230;&#8230;.LOL !! Does that help ? LOL<\/p>\n<p><em><strong>Read More:\u00a0<a href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Millionday (Dinar Guru) &#8211;\u00a0<\/span><\/strong>Article quotes: &#8220;<em>Executive Director of the Association of Iraqi private banks Ali Tariq that the third conference to be held by the Association in the 12 and 13 of this month in Baghdad&#8230;will chart the work of private banks map in Iraq in the coming year<\/em>&#8221;\u00a0\u00a0<strong><span style=\"color: #c23b3b;\">THIS&#8230;WILL BE THE ROLES OF ALL BANKING FOR THE NEXT YEAR&#8230;THIS IS NOT FOR<br \/>\nRECOMMENDATIONS&#8230;IT IS THE ACTUAL PLAN TO BE DONE &#8212; THE MAP<\/span>.\u00a0<\/strong>\u00a0THE MERGE OF BANKING &#8212; ISX &#8212; PRIVATE SECTOR AND PUBLIC WILL ALL BE DONE ACCORDING TO THIS AND THE CONFERENCE.\u00a0\u00a0THE BANKING CONFERENCE WILL BE GIVING OUT ALL THE ORDERS FOR ALL BANKS TO DEVELOP IRAQ AND MAKE ALL MOVES THAT ARE PLANNED FOR 2016.<span style=\"color: #c23b3b;\"><strong>THIS IS THE ENTIRE DEVELOPMENT OF THE BANKS TO GO TO A MARKET ECONOMY.\u00a0 \u00a0<\/strong>THIS IS HUGE..<\/span>.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;\u00a0<\/span><\/strong>Article:\u00a0 &#8220;<em>Iraq follows (95) Convention of economic cooperation with the countries of the world<\/em>&#8221;\u00a0\u00a0<strong>IRAQ HAS AGREEMENTS WITH OVER 95 COUNTRIES IN THE WORLD FOR INCREASING TRADE VOLUME AND DEVELOPING ECONOMIC TIES<\/strong>&#8230;FOSTER ECONOMIC DIVERSIFICATION.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Kaperoni (Dinar Guru) &#8211;\u00a0<\/span><\/strong>Article quote:\u00a0 &#8220;<em>&#8230;the Iraqi Central Bank Governor d. Ali Mohsen Keywords that the cash reserves of the Central Bank is still good, according despite all appearances and challenges that surround the economic, financial and monetary reality in the country with international standards&#8230;<\/em>&#8221;\u00a0 I still find it sorta funny how the Iraq&#8217;s keep asking for help, yet do nothing themselves.\u00a0<strong>\u00a0Much of this would be a non-issue if they would just pass the laws to get the market economy going.<\/strong>\u00a0 Nobody is going to do that for them.\u00a0\u00a0\u00a0<strong>\u00a0&#8230;these laws are in the hands of parliament and for whatever the reason (and against the desire of the citizens) they don&#8217;t get passed.\u00a0<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><a href=\"http:\/\/www.dinarupdates.com\/blog\/?attachment_id=4056\" rel=\"attachment wp-att-4056\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" alt=\"Dinar pic above Daily Dinar Value\" src=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2014\/03\/home7.jpg?resize=556%2C160\" width=\"556\" height=\"160\" \/><\/a><\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 12-08-15\u00a0<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3090<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 12-08-2015<\/p>\n<p><strong>The results were as follows:<\/strong><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"4\" align=\"center\">\n<tbody>\n<tr>\n<td bgcolor=\"#6699cc\">DETAILS<\/td>\n<td bgcolor=\"#6699cc\">NOTES<\/td>\n<\/tr>\n<tr>\n<td>Number of banks<\/td>\n<td>25<\/td>\n<\/tr>\n<tr>\n<td>Number of remittance companies<\/td>\n<td>17<\/td>\n<\/tr>\n<tr>\n<td>Auction price selling dinar \/ US$<\/td>\n<td>1182<\/td>\n<\/tr>\n<tr>\n<td>Auction price buying dinar \/ US$<\/td>\n<td>&#8212;&#8211;<\/td>\n<\/tr>\n<tr>\n<td>Amount sold at auction price (US$)<\/td>\n<td>191,667,412<\/td>\n<\/tr>\n<tr>\n<td>Amount purchased at Auction price (US$)<\/td>\n<td>&#8212;&#8211;<\/td>\n<\/tr>\n<tr>\n<td>Total offers for buying (US$)<\/td>\n<td>191,667,412<\/td>\n<\/tr>\n<tr>\n<td>Total offers for selling (US$)<\/td>\n<td>&#8212;&#8211;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em style=\"text-align: center;\"><span style=\"font-style: normal;\"><em><strong><em><strong>More: <a href=\"http:\/\/dinarupdates.com\/observer\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/dinarupdates.com\/observer\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Mnt Goat (Dinar Guru) &#8211;\u00a0<\/span><\/strong>Rumor: The CBI must find a way to increase the value of the dinar over the US dollar.\u00a0 There are many rumors this had already been done&#8230;thinking it is already on some kind of a \u201cfloat\u201d and it is just going to \u201cfloat\u201d to the value we need (1:1).\u00a0 Really?\u00a0<strong>They forget one thing though \u2013 its not yet international?\u00a0\u00a0 Remember &#8230;when they do achieve a 1:1 value this&#8230;will NOT BE THE RV. The full blown RV comes later to bring the true asset backed value to their currency but first they MUST be able to control it inflationary value at par to the US dollar (IMF mandate).\u00a0<\/strong>\u00a0Many events seem to converge on the month of December and so let\u2019s pay close attention to what is happening this month. I believe this will be a very significant month. The reform process is actually a 2 year process and once stopped it is like stopping a train and so the start it again it takes effort and time.\u00a0<strong><span style=\"text-decoration: underline;\">But the train is rolling once again and picking up momentum.<\/span>\u00a0It is almost at its destination&#8230;<\/strong>\u00a0[post\u00a02 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Mnt Goat (Dinar Guru) &#8211;\u00a0<\/span><\/strong>Rumor:\u00a0 The Lower denominations are being launched in regions in Kurdistan.\u00a0\u00a0\u00a0<strong>THERE ARE NO LOWER DENOMINATIONS BEING LAUNCHED IN IRAQ!\u00a0<\/strong>\u00a0<strong>..in order launch the lower denominations they must need a significant increase in the value of the dinar first. These two events MUST coincide within hours or days of each other.\u00a0<\/strong>\u00a0Clarify confusion and rumors over the launching of the new 50,000 notes a couple weeks ago:\u00a0\u00a0<strong>&#8230;common sense tells us these lower denoms and 50k notes are really meant for use only after a significant increase in the value of the dinar.<\/strong>\u00a0 &#8230;the FIRST launching was a flop?\u00a0 Maybe they plan to first RV prior to re-launching the 50k notes in 2016?\u00a0 Don\u2019t forget they also keep telling us they fully intend to launch the new 100k notes in 2016 too and also even a new 500 note.<strong>\u00a0 Surely they will not do this either without an RV.\u00a0<\/strong>\u00a0[post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Kaperoni (Dinar Guru) &#8211;\u00a0<\/span><\/strong><strong>I continue to be reminded of the document we reviewed over a year ago from the IMF titled &#8220;from fixed to float&#8221; (in the Research Library) and the two ways the CBI could exit&#8230;either &#8220;orderly&#8221; or &#8220;disorderly. &#8221;\u00a0<\/strong>After everything that has gone on the last few weeks with the CBI, monetary policy, the critics, etc..<span style=\"text-decoration: underline;\"><strong>\u00a0it sure seems &#8220;disorderly&#8221; (remember a disorderly exit is more out of necessity, which seems to be the case) to me.\u00a0<\/strong>Guess we just continue to watch it unfold.<\/span><br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #800000;\"><strong>DinarUpdates.com News Time Chat 12-07-15 PM<\/strong><\/span><\/h1>\n<p><strong>Thanks to <a href=\"http:\/\/dinardetectives.com\/\" target=\"_blank\">Dinar Detectives<\/a> for a post and <a href=\"http:\/\/www.dinarrecaps.com\/\" target=\"_blank\">Dinar Recaps<\/a> for posting this in their <a href=\"http:\/\/www.dinarrecaps.com\/our-blog\" target=\"_blank\">BLOG<\/a><\/strong><\/p>\n<p><strong>Welcome to dinarupdates.com for News Time with Millionday!!<\/strong><\/p>\n<p><strong>Millionday: WELCOME TO NEWSTIME EVERYONE<\/strong><\/p>\n<p><strong>Millionday:<\/strong> Handed over to the economic and investment commission parliamentary project sovereign wealth fund law to the government because of its importance in avoiding any emergency economic crisis.<br \/>\n\u200b<br \/>\nA member of the committee MP proof Almamori &#8220;morning&#8221;: that the Commission recognized the draft law to the government with all the details of the founded and over its importance to the country if passed.<\/p>\n<p><strong>Millionday: NOTE &#8212; THIS IS COMMON IN ALL COUNTRIES AND IS GREAT NEWS &#8212; IT COVERS NEEDED EXPENSES WHEN PROBLEMS OCCUR<\/strong><br \/>\n<strong> ~~~<\/strong><\/p>\n<p><strong>Read More:\u00a0<a href=\"http:\/\/www.dinarupdates.com\/showthread.php?26240-Millionday-newstime-12-7-15\" target=\"_blank\">http:\/\/www.dinarupdates.com\/showthread.php?26240-Millionday-newstime-12-7-15<\/a><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">tman23 &#8211;\u00a0<\/span><\/strong>Certainly Iraq must make changes&#8230; But with the kidnappings etc&#8230;etc&#8230; You have to ask yourself&#8230;How fast can they open a market economy and build infrastructure without foreign labor? Because right now skilled foreign workers are not going to flock to Iraq.\u00a0 \u00a0<strong>Abadi needs to deliver something big&#8230;bigger then austerity and broken promises.\u00a0\u00a0<\/strong>Quite frankly he needs to pull a rabbit out of his arse at this point.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Newhound Guru) &#8211;\u00a0<\/span><\/strong>Article:\u00a0 &#8220;<em>Parliament session for tomorrow devoid of the budget law<\/em>&#8221;\u00a0<strong>\u00a0BUDGET<span style=\"text-decoration: underline;\">\u00a0NOT\u00a0<\/span>GOING TO BE HEARD IN TOMORROWS SESSION.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Poppy3 (Dinar Guru) &#8211;<\/span>\u00a0I AM VERY EXCITED FOR NOW THROUGH THE FIRST OF JAN.\u00a0\u00a0<\/strong>THINGS ARE AWESOME AND THE IRAQI PEOPLE ARE EXCITED..<strong>.ABADI HAS TOLD (PROMISED ) THEY WILL HAVE MUCH MORE BUYING POWER.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h2 style=\"text-align: left;\">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<h2 style=\"text-align: center;\"><a href=\"http:\/\/www.dinarupdates.com\/\" target=\"_blank\" rel=\"nofollow\">www.DinarUpdates.com<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to the Dinar Observer &#8211; Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info &#8211; THAT MATTERS!! 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