{"id":11925,"date":"2016-01-27T19:45:56","date_gmt":"2016-01-28T01:45:56","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=11925"},"modified":"2016-01-27T20:19:59","modified_gmt":"2016-01-28T02:19:59","slug":"dinar-observer-daily-jan-27th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=11925","title":{"rendered":"DINAR OBSERVER DAILY Jan 27th"},"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;\">Psalm 37:4 (NKJV)<\/span><\/h1>\n<p>4 Delight yourself also in the Lord,<br \/>\nAnd He shall give you the desires of your heart.<\/p>\n<h2><em>Heavenly Father, Thank You for Your Word! Thank You that You are Faithful and True! We ask You to keep us soft and pliable in Your Hands \ud83d\ude42 In Jesus Name, Amen.<\/em><\/h2>\n<h1><em>Mrs. BGG<\/em><\/h1>\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\">1280.933<\/td>\n<td align=\"center\">1280.293<\/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\">1682.577<\/td>\n<td align=\"center\">1681.736<\/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\">840.563<\/td>\n<td align=\"center\">840.143<\/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\">1163.157<\/td>\n<td align=\"center\">1162.575<\/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\">137.950<\/td>\n<td align=\"center\">137.881<\/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\">135.036<\/td>\n<td align=\"center\">134.969<\/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\">171.655<\/td>\n<td align=\"center\">171.569<\/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\">10.005<\/td>\n<td align=\"center\">10.000<\/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\">1628.867<\/td>\n<td align=\"center\">1628.052<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><strong>Indicative rates &#8211; 01.27.2015<\/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<h1 style=\"text-align: left;\"><em><span style=\"white-space: pre-wrap; word-spacing: 0px; text-transform: none; float: none; widows: 1; display: inline !important; letter-spacing: 0px; line-height: 34px; text-indent: 0px; -webkit-text-stroke-width: 0px;\"><span style=\"font-family: Arial;\"><span style=\"color: #292f33;\">What the government is good at is collecting taxes, taking away your freedoms and killing people. It&#8217;s not good at much else. &#8211; Tom Clancy<\/span><\/span><\/span><\/em><\/h1>\n<p>______________________________________________________________<\/p>\n<h1 style=\"text-align: center;\">*** Current Posts ***<\/h1>\n<p>______________________________________________________________<\/p>\n<p><span style=\"color: #c23b3b;\"><strong>wmawhite &#8211;<\/strong>\u00a0<\/span>[<em>you once stated that IMF says before the 1st half of 2016 we will see economic change&#8230;what do you feel is their deadline&#8230;<\/em>]\u00a0\u00a0<strong>\u00a0I do not believe there is a deadline for the public to know about. IMO, there are timelines for the CBI\/GOI to meet. In fact, the IMF has told us so. Either way, the IMF has their expectations.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Blondie &#8211;\u00a0<\/span><\/strong>Iraq is an very rich country (Dr. Shabbibi said so in a CNBC interview years ago), but they have a liquidity problem.\u00a0<strong>Making a guestimate based on publicly published findings over the last 5 years or so, companies have reported &#8220;successful discoveries&#8221; of previously unknown oilfields to the tune of (guesstimating here) maybe 15 billion barrels (and there&#8217;s a good possibility that there&#8217;s even more still to be found). At $30\/bbl., that&#8217;s in the neighborhood of $460B. Doing the multiplication, you get 542.8 Trillion dinars.<\/strong>\u00a0This is in no way &#8220;scientific&#8221; and is only an educated guess, and it doesn&#8217;t include previously known and tapped oilfields that have been producing for years (where the &#8220;Oil For Food&#8221; program came from).\u00a0<strong>The above is just oil, not natural gas, gold, agriculture etc<\/strong>. Of course, Iraq knows this. This may be why everybody is lending them money and wants to be their BFF.\u00a0<strong>The &#8220;hand-holding&#8221; they&#8217;re getting from world agencies is to help ensure they do it smoothly and correctly.<\/strong>\u00a0But do your own research and due diligence &#8212; all of this information is publicly available.<br \/>\n______________________________________________________________<\/p>\n<h2><a href=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"  wp-image-22380 aligncenter\" alt=\"!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA.jpg?resize=611%2C128\" width=\"611\" height=\"128\" \/><\/a><span style=\"color: #800000;\"><strong>Be sure to join the New Dinar Updates &#8220;private&#8221; FaceBook Group&#8230;<\/strong><\/span><\/h2>\n<p><em><strong><a href=\"https:\/\/www.facebook.com\/groups\/571383766355188\/\" target=\"_blank\">https:\/\/www.facebook.com\/groups\/571383766355188\/<\/a><\/strong><\/em><\/p>\n<p style=\"text-align: center;\"><strong>(go here and ask to join&#8230; then add some Dinar Friends!!)<\/strong><\/p>\n<p>______________________________________________________________<\/p>\n<p><span style=\"color: #c23b3b;\" data-mce-mark=\"1\"><strong>rcookie &#8211;<\/strong>\u00a0<\/span>Article quote:\u00a0 &#8220;<em>Iraq Osama Mahmoud importance of unifying laws and legislation governing economic action,\u00a0<span style=\"text-decoration: underline;\" data-mce-mark=\"1\"><strong>pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world&#8217;s currencies&#8230;<\/strong><\/span><\/em>&#8221;\u00a0 \u00a0<strong>THAT REPORT AND STATEMENTS ARE FROM&#8230;OSAMA MEHMOUD&#8230;THAT IS IRAQS LEAD STOCK MARKET ECONOMIST\/STRATEGIST<\/strong>&#8230; WHO HAS BEEN VERY VOCAL &amp; POSITIVE IN LAST COUPLE MONTHS&#8230;<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 &#8211;\u00a0<\/span><\/strong>[<em>Is the main CBI branch in Baghdad distributing LD\u2019s<\/em>?]\u00a0\u00a0<strong>\u00a0no\u2026no one is distributing LD\u2019s right now.<\/strong>\u00a0 [<em>Rumors say that OPEC is stepping in to raise oil prices, how will that affect Iraq\u2019s RV rate<\/em>?]\u00a0\u00a0<strong>\u00a0 we hope it would fuel it&#8230;in fact OPEC is in cahoots with the US and we are making these arrangements to raise the price of oil now\u2026IMO\u00a0<\/strong>\u00a0[<em>Do you think there is a chance that all the steps are done and they are keeping it quiet<\/em>?]\u00a0\u00a0\u00a0<strong>no\u2026no\u2026there are things that need to be done and they are doing them.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><span style=\"color: #c23b3b;\"><strong>Breitling &#8211;<\/strong>\u00a0<\/span>\u2026<strong>The IMF is not in the position right now, nor do they want to mess with Iraq\u2019s economy or currency.<\/strong>\u00a0 Here\u2019s the math\u2026.I\u2019ve got to go back through a lot of papers and research about how I got to that number but\u00a0<span style=\"color: #c23b3b;\"><strong>if the IMF took control tonight and tried to get their money\/investment back they could actually raise the value of the dinar like .27 cents and that\u2019s it.<\/strong><\/span>\u00a0 That\u2019s all the management rights they have from the loans that they gave.\u00a0 That\u2019s a default.\u00a0 Iraq is paying the interest on their loans and they can get refinanced if they have to.\u00a0\u00a0<strong><span style=\"color: #c23b3b;\">So there is no handling by the IMF right now.\u00a0 Iraq is not doing anything bad<\/span><\/strong>.\u00a0 If the oil market goes down and they have to adjust their budget and they have to change their payments with the IMF\u2026guess what?\u00a0 The IMF is more than happy to do that.\u00a0\u00a0 They do that all the time\u2026they don\u2019t care\u2026they always adjust.\u00a0\u00a0<strong><span style=\"color: #c23b3b;\">So the IMF would only get involved in Iraq if they default and stop paying and if the IMF did take control they could revalue the currency up to around .26 to .27 cents.<\/span><\/strong>\u00a0 Very easy but they are not in that process right now. [Post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Backdoc &#8211;\u00a0<\/span><\/strong>I THINK WE HAVE SOME HUGE CLUES AS TO THE NATURE OF IRANS\u2019 CURRENCY VALUE BASED ON WHAT T&#8230; I HAVE STUDIED!\u00a0\u00a0<strong>FIRST, THE STOCK MARKET RISE OF A THOUSAND POINTS LENDS ME TO BELIEVE THAT IRAN WILL ALSO GO 1 TO 1 ON VALUE!\u00a0 THE KUWAIT CURRENCY WILL BE NECK AND NECK WITH MR. LONELY [IRAQ]\u00a0BECAUSE THEY ARE PARTNERS IN SO MANY BUSINESS DEALS.<\/strong>\u00a0KUWAIT SHOULD ALWAYS BE VERY CLOSE!\u00a0IT LOOKS LIKE TALK IS CHEAP AND\u00a0<strong>SOON IT WILL BE TIME TO PUT UP OR SHUT UP!!!<\/strong>\u00a0\u00a0 [post 3 of 3]<br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #008000;\"><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;\">Backdoc &#8211;\u00a0<\/span><\/strong>ANOTHER POINT TO NOTE IS A FEW DAYS AGO WE SAW IRAN\u2019S STOCK MARKET RISE A THOUSAND POINTS IN ONE DAY&#8230;<strong>BACK IN MARCH&#8230;2015 WE SAW IRAQ\u2019S STOCK MARKET SHOOT UP A THOUSAND POINTS AS WELL!<\/strong>\u00a0THE INTERESTING POINT WAS, THE MARKET WAS CLOSED WHEN IT HAPPENED IN IRAQ!\u00a0\u00a0<strong>I BELIEVED IT WAS THE STOCK MARKET READJUSTING THE STOCK VALUES REFLECTING THE ZEROS BEING DROPPED! AND NOW IN HIND SIGHT IT WAS JUST THAT!\u00a0\u00a0<span style=\"text-decoration: underline;\">THEY ARE MAKING ALL THE PREPARATIONS NEEDED FOR A FEBRUARY LAUNCH<\/span><\/strong>&#8230;WE KNOW THEY WILL LAUNCH TOGETHER AS IRAN SAYS! THEY WILL JOIN THE WTO TOGETHER&#8230;THE TIMING OF THEIR RE-ENTRY TO THE WORLD WILL BE TOGETHER! THEY WILL QUALIFYING FOR THE 90 DAY REQUIREMENT, TOGETHER!\u00a0\u00a0 [post 2 of 3&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Backdoc &#8211;\u00a0<\/span><\/strong>AS WE ALL KNOW WHEN THE IMF SPEAKS THEY ALWAYS TELL THE TRUTH.\u00a0WHEN THEY MENTIONED EARLIER THAT IRAQ WILL RE-ENTER THE WORLD IN THE FIRST HALF OF THE YEAR I BET YOUR MIND WENT DIRECTLY TO THE RATE OR THE MONEY ISSUE&#8230;\u00a0\u00a0 ONCE I THOUGHT ABOUT IT&#8230;<strong>ENTERING THE WORLD MEANS MORE THAN JUST A CURRENCY! TRADE AND SHIPPING IS A MAJOR GOAL OF IRAQ TO PROPERLY AND FULLY ENTER THE WORLD!\u00a0<\/strong>\u00a0[post 1 of 3&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">SteveI &#8211;\u00a0<\/span><\/strong>Article: &#8220;<em>Association of Iraqi banks sign a partnership agreement and exchange of experiences with the Union of Arab Banks<\/em>&#8221;\u00a0 Quote:\u00a0\u00a0 &#8220;<em>&#8230;this will be the biggest opportunity in order to open the door for investment in Iraq&#8217;s banking sector<\/em>.&#8221;\u00a0\u00a0<strong>\u00a0Things are really starting to line up and this is yet another great article.\u00a0 I love where all of this is headed. I do believe we all know what that is.<\/strong>\u00a0 [<em>This my friends is going to be GREAT year<\/em>!]\u00a0\u00a0<strong>\u00a0I am sure it will be an AWESOME year!!<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie &#8211;\u00a0<\/span><\/strong><strong>IRAN BACK IN BUSINESS WITH SWIFT AS OF JAN 31ST!\u00a0 SWIFT IS INTERNATIONAL BANKING &amp; FINANCIAL COMMUNICATIONS PLATFORM<\/strong>&#8230;.SHUT OFF BY EU DIRECTIVE IN 2012&#8230;THEY STARTED THIS JCPOA PROCESS ON THE 16TH&#8230;<strong>AND WILL BE FULLY ENGAGED BY THE 31ST<\/strong>&#8230;THE IRAN CENTRAL BANK GOVERNOR HAS MADE STATEMENTS TOWARD POST SANCTION CURRENCY VALUATION CHANGE AFTER REACHING CERTAIN INFLATION GOALS &#8230;ETC.\u00a0 THEY JUST SIGNED&#8230; OVER THE WEEKEND $60 BILLION TRADE AGREEMENT WITH CHINA&#8230;<strong><span style=\"text-decoration: underline;\">SO IF IRANS RE-ENTRY AND CONNECTION TO GLOBAL MARKET&#8230;IS RELEVANT IN IRAQS ACTIONS AND URGENCY&#8230;YOU HAVE DATES.\u00a0 NOBODY SAYING IT IS THE IMPETUS OR TRIGGER FACTOR&#8230;JUST A RELEVANT REGIONAL INDICATOR&#8230;GIVEN THEIR HISTORY AND TRADE RELATIONSHIPS&#8230;.<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><a href=\"http:\/\/www.dinarupdates.com\/blog\/?attachment_id=4056\" rel=\"attachment wp-att-4056\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" alt=\"Dinar pic above Daily Dinar Value\" src=\"https:\/\/i0.wp.com\/dinarupdates.com\/observer\/wp-content\/uploads\/2014\/03\/home7.jpg?resize=556%2C160\" width=\"556\" height=\"160\" \/><\/a><\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 01-27-15\u00a0<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3124<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 01-27-2015<\/p>\n<p><strong>The results were as follows:<\/strong><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"4\" align=\"center\">\n<tbody>\n<tr>\n<td bgcolor=\"#6699cc\">DETAILS<\/td>\n<td bgcolor=\"#6699cc\">NOTES<\/td>\n<\/tr>\n<tr>\n<td>Number of banks<\/td>\n<td>25<\/td>\n<\/tr>\n<tr>\n<td>Number of remittance companies<\/td>\n<td>22<\/td>\n<\/tr>\n<tr>\n<td>Auction price selling dinar \/ US$<\/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>153,493,843<\/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>153,493,843<\/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;\">Aggiedad77 &#8211;<\/span>\u00a0&#8230;just what its the value of Iraq&#8217;s resources&#8230;\u00a0\u00a0 I seriously think they may not know<\/strong>&#8230;as for the oil, I have said for a number of years, their seismic information is or has been very old and outdated&#8230;unless they have paid for new surveys I doubt there have been any updates&#8230;and\u00a0<strong><span style=\"color: #c23b3b;\">it&#8217;s my opinion that they have hardly scratched the surface to know what their true reserves might be<\/span>&#8230;their precious metals and minerals are largely untapped and unknown as well&#8230;true value&#8230;who knows.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling &#8211;\u00a0<\/span><\/strong><strong>Does the IMF control the situation in Iraq with their currency because of the loan they gave out?<\/strong>\u00a0 So I started doing my research to look at any article that came out\u2026<strong><span style=\"text-decoration: underline;\">Come to find out there is none.\u00a0 There is nothing out there that says anything<\/span><\/strong>\u2026That\u2019s why we go by the numbers.\u00a0 What the IMF can do and the way they\u2019re structured\u2026\u00a0 The IMF gives out loans to emerging economies or economies that are in emergency.\u00a0\u00a0<strong>Let\u2019s say Iraq\u2019s plan is to get to a buck (that\u2019s true by the way, their plan is to get to $1.17)<\/strong>\u00a0well the IMF because of the management rights they have because of the loans\u2026<strong><span style=\"text-decoration: underline;\">if they needed to add value to that currency to get their loan back it\u2019s only a small percentage like 26-27%\u00a0<\/span><\/strong>and even more any country they get involved with it\u2019s almost the same formula they use with every country\u2026 [Post 1 of 2 stay tuned for the rest of the IMF and Iraq story&#8230;]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 &#8211;\u00a0<\/span><\/strong>The IMF is working with Dr. Shabibi&#8230;the IMF is working with the CBI.\u00a0 &#8230;from the IMF&#8230;\u201d<em>The Government Will Gradually Remove Remaining Exchange Restrictions and Multiple Currency Practices with a View to Eliminate Rate Distortion<\/em>\u201d&#8230;come on man&#8230;how much clearer can that be..<span style=\"color: #c23b3b;\">.<\/span><strong><span style=\"color: #c23b3b;\">the government will gradually remove remaining exchange restrictions<\/span>&#8230;those things are preventing us from moving from a program rate to an international rate\u2026<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><span style=\"color: #c23b3b;\"><strong>SteveI &#8211;<\/strong>\u00a0<\/span>[<em>there sure has been some very telling articles about what Iraq is doing and how they are doing it to join the globe&#8230;along with how they will back their currency&#8230;its as if they are driving the field for a touchdown and they are now on the 10 yard line&#8230;lets do this Iraq<\/em>.] \u00a0\u00a0<strong>Great analogy, as long as there is no fumble or interception on the final few plays.\u00a0\u00a0<span style=\"color: #c23b3b;\">The finish line is near!<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<h1 style=\"text-align: center;\"><span style=\"color: #008000;\"><strong>\u201cRound Table\u201d Dinar Call!!<\/strong><\/span><\/h1>\n<h1 style=\"text-align: center;\"><span style=\"color: #0000ff;\"><em><strong>\u201cfor Dinar News \u2013 that MATTERS!!\u201d<br \/>\n<span style=\"color: #ff0000;\">from &#8211; 01\/26 &#8211; @ 3:30pm CST<\/span><\/strong><\/em><\/span><\/h1>\n<h2 style=\"text-align: center;\"><strong><a href=\"http:\/\/d.pr\/a\/19b3D\" target=\"_blank\" rel=\"nofollow\">Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">wmawhite &#8211;\u00a0<\/span><\/strong>&#8220;<em>how close are we<\/em>?&#8221;\u00a0\u00a0\u00a0<strong>&#8230;the IMF told you how close you are<\/strong>.\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">[<em>THIS CAN GO AT ANY TIME<\/em>?]\u00a0\u00a0<\/span><span style=\"text-decoration: underline;\">Yes, at any time<\/span>.\u00a0\u00a0\u00a0<\/strong>&#8230;every day we read where Iraq is not waiting&#8230;<strong>they are doing\/accomplishing those items that must be done prior to entering the markets.\u00a0<span style=\"text-decoration: underline;\">Again, IMO. there is not waiting, there is no delay, it is coming.<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">SteveI &#8211;\u00a0<\/span><\/strong>[<em>Looks like things are moving in Mosul? Is that still the key<\/em>?]\u00a0\u00a0<strong>For the most part, yes. The country has to be secure.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie &#8211;\u00a0<\/span><\/strong>THEY ARE FIGHTING THE BIGGEST WAR ON TERRORISM IN HISTORY OF MANKIND&#8230; IMPLEMENTED COMPREHENSIVE SOCIAL&#8230;POLITICAL AND ECONOMIC REFORMS AT ALL LEVELS&#8230;IMPLEMENTED&#8230;SALARY LADDER&#8230;HIRING FREEZES&#8230;SUBSIDY CUTS &#8230;TARIFF IMPLEMENTATION&#8230;AND ALL AMIDST A MAJOR PRICING CRISIS TO OIL&#8230;<strong>AND MAINTAINED 2.3 % INFLATION WITH AN NON EXISTENT CURRENCY VALUE&#8230;WHAT THEY HAVE DONE&#8230;<span style=\"color: #c23b3b;\">ALL UNDER SEVERELY ADVERSE CONDITIONS IS NOTHING SHORT OF REMARKABLE<\/span>.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Backdoc &#8211;\u00a0<\/span><\/strong>ABOUT 3 OR 4 DAYS AGO, IRAN SAID THEY WOULD NOT LAUNCH OR RE-ENTER THE WORLD WITHOUT IRAQ BECAUSE IT WOULD CAUSE A TRADE IMBALANCE! THIS MEANS THEY ARE ADHERING TO \u201cTHE DEAL\u201d.\u00a0\u00a0<strong>WE SEE IRAN STATE THAT IN A WEEK OR TWO THEY WOULD BEGIN TO RE-ENTER THE WORLD SLOWLY!\u00a0\u00a0<span style=\"text-decoration: underline;\">ISN\u2019T IT INTERESTING THAT 2 WEEKS FROM TODAY [MONDAY 1-25-16] \u00a0IS THE 8TH?<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a0\u00a0<\/span><strong><span style=\"text-decoration: underline;\">ONCE THEY START, THEY SAID IT WOULD TAKE A LITTLE LESS THAN A MONTH!<\/span>\u00a0<\/strong>\u00a0 \u200bIF IRAN AND IRAQ BOTH LAUNCH WITH OTHER SIGNIFICANT CURRENCIES LIKE THE DONG AND RUPIAH (WHICH THEY WILL), THEY WOULD BE IN COMPLIANCE FOR WTO INDUCTION IN JUNE!\u00a0 [post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #800000;\"><strong>Iraqi Dinar Currency to be Powerful to Enter in the Global Currency Markets<\/strong><\/span><\/h1>\n<p><strong><a href=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cdsfwefwgefyuyufgwerere.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft\" alt=\"cdsfwefwgefyuyufgwerere\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cdsfwefwgefyuyufgwerere.jpg?resize=348%2C196\" width=\"348\" height=\"196\" \/><\/a>Osama Mehmoud,<\/strong> the global stock representative in Iraq stressed about the importance of integrative laws and economic action of law making. He also pointed out that linking the Iraqi dinar currency to the global economy has its own importance. The Iraqi currency should achieve its value against the global currencies. It would allow in providing more power to the economic process in the country. He further added in his press interview that current economic condition in Iraq needs more care. He pointed out that most of the laws related to the Iraqi economy are still need to get regulations for the economic management in the economic sector, according to the formula. The process in trade and economy are following an open economy as it is called market economy.<\/p>\n<p>He further added that it would improve the economic management that would produce an uncertain economy. There are many industrialized nations depending on the open market that implemented the processes of production and the theory of import and export. The commercial exchange process between a numbers of companies should adopt a unified economic system. He gave an example of Iraqi economic reality that is continuously depending on letters of guarantee issued to the traders to manage the operations of import of goods. It is showing the limitations to the Iraqi verbal disapproval within the banks. It is also stopping to spread the Iraqi dinar currency into the international markets. As a result, the Iraqi dinar value decreased and unable to trade outside the Iraq. He stressed that importance of presenting the Iraqi dinar currency in the global currency markets.<\/p>\n<p><em><strong>Read More: <a href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em><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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