{"id":12000,"date":"2016-02-20T13:06:53","date_gmt":"2016-02-20T19:06:53","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12000"},"modified":"2016-02-22T19:51:16","modified_gmt":"2016-02-23T01:51:16","slug":"dinar-observer-daily-feb-20th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12000","title":{"rendered":"DINAR OBSERVER DAILY Feb 20th"},"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<p><img loading=\"lazy\" decoding=\"async\" class=\" aligncenter\" alt=\"\" src=\"https:\/\/scontent-atl3-1.xx.fbcdn.net\/hphotos-xpa1\/v\/t1.0-9\/12728864_10203903907158126_7881584766901371980_n.jpg?oh=c5114dd52b97dfed7ff8412dfb68219f&amp;oe=5757E23E\" width=\"367\" height=\"477\" \/><\/p>\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\">1316.275<\/td>\n<td align=\"center\">1315.617<\/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\">1691.560<\/td>\n<td align=\"center\">1690.714<\/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\">863.783<\/td>\n<td align=\"center\">863.351<\/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\">1193.578<\/td>\n<td align=\"center\">1192.981<\/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\">139.510<\/td>\n<td align=\"center\">139.440<\/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\">137.177<\/td>\n<td align=\"center\">137.108<\/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\">176.339<\/td>\n<td align=\"center\">176.251<\/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\">10.387<\/td>\n<td align=\"center\">10.381<\/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\">1650.486<\/td>\n<td align=\"center\">1649.660<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><strong>Indicative rates &#8211; 02.20.2015<\/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 we obtain too cheap, we esteem too lightly; it is dearness only that gives everything its value. &#8211; Thomas Paine<\/span><\/span><\/span><\/em><\/h1>\n<p>______________________________________________________________<\/p>\n<h1 style=\"text-align: center;\">*** Current Posts ***<\/h1>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie &#8211;\u00a0<\/span><\/strong><strong><span style=\"text-decoration: underline;\">THE 2 BIG STATE BANKS ARE BEING BROKEN UP &amp; PRIVATIZED&#8230;BECAUSE THEY DOMINATE &amp; CONTROL TOO MUCH OF IRAQS CURRENCY<\/span>\u00a0<\/strong>AND FIACIAL PROGRAMS WHICH HAVE UNDERMINED THE OTHER BANKS ABILITY TO EXECUTE DEVELOPMENT &amp; INVESTMENT PROGRAMS&#8230;WHILE PROVIDING VERY LITTLE RETURN IN REVENUES TO GDP&#8230;WHICH THEY HOPE TOO GROW BY EMPOWERING MORE BANKS&#8230;AND THEY CAN ACTIVATE MORE OF THE DEVELOPMENT &amp; INVESTMENT PROJECTS&#8230;<strong><span style=\"text-decoration: underline;\">ITS LAYING THE TRACKS FOR THE FINANCIAL &amp; ECONOMIC FREIGHT TRAIN ABOUT TO RIP THROUGH IRAQ.<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><span style=\"color: #c23b3b;\"><strong>Frank26 &#8211;<\/strong>\u00a0<\/span><strong><span style=\"color: #c23b3b;\">THE CBI IS HAVING A MEETING TOMORROW MORNING&#8230;IN OUR OPINION IT MAY BE WITH THE DIRECTORS OF THE CBI<\/span>.\u00a0<\/strong>\u00a0SUBJECT IS UNKNOWN TO US BUT WE ARE ASKING [GURU] DELTA TO PAY ATTENTION TO THE ARABIC SIDE OF THE CBI STARTING TOMORROW MORNING.\u00a0\u00a0<span style=\"color: #c23b3b;\"><strong>FROM NOW UNTIL THEY ENTER ARTICLE 8 OR LIFT THE VALUE OF THE IQD OR ESCORT THE LD&#8217;S TO DRS&#8217; BANKS&#8230; INTEL WILL BE VERY SCARCE.<\/strong>\u00a0\u00a0<\/span>ARTICLES WILL BE OLD AND REPEATED AND BORING. WE WILL SHARE WITH YOU AS MUCH AS WE FEEL WE CAN DURING THESE COMING WEEKS.<br \/>\n______________________________________________________________<\/p>\n<p><strong><a href=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/02\/images.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"  wp-image-22561 alignleft\" alt=\"images\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/02\/images.png?resize=250%2C250\" width=\"250\" height=\"250\" \/><\/a>ATTENTION: \u00a0DO NOT SEND MONEY OUT TO ANYONE!! THEY MAY SAY THEY ARE IN NEED \u2013 OR THEY CAN DO SOMETHING FOR YOU (SKR&#8217;s &#8211; etc&#8230;) &#8211; THERE MAY BE SOME OTHER STORY&#8230;.. YOU MAY THINK YOU CAN TRUST THEM \u2013 DO NOT!!<\/strong><\/p>\n<p><strong>CONS AND SCAMMERS ARE OUT THERE \u2013 YES, EVEN HERE (OR ANY CHAT SITE, for that matter &#8211; it is the INTERNET)&#8230;. YOU HAVE HUGE HEARTS \u2013 SOME WILL FALL FOR IT &#8230;. Please don&#8217;t.<\/strong><\/p>\n<p><strong>P.S. If anyone hits you up for money (anywhere on DU) &#8211; I WANT TO KNOW ABOUT IT. <\/strong><strong>Send me an e-mail to DinarUpdates@comcast.net &#8211; (in confidence).<\/strong><\/p>\n<p><strong>Thanks<\/strong><\/p>\n<p><strong>BGG<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><span style=\"color: #c23b3b;\"><strong>Backdoc &#8211;\u00a0<\/strong><\/span>WHAT IS IRAQS NUMBER 1 PRODUCT? RIGHT! THEIR CURRENCY!\u00a0\u00a0<strong>BEFORE VALUE CAN HAVE REALITY THERE NEEDS TO BE A GLOBAL INTERNATIONAL STANDARD OF VALUE FOR SOMETHING!\u00a0<\/strong>THAT CONCEPT WOULD BE EASY IF EVERYTHING WAS 100% GOLD BACKED BUT THATS NOT THE WAY IT IS!\u00a0\u00a0<strong>THERE IS ONLY 25% GOLD BACKING PER DINAR! THIS IS HUGE COMPARED TO THE CURRENT MONOPOLY MONEY WE CURRENTLY USE BUT THE FACT REMAINS A BASIC CONCEPT OF VALUE NEEDS TO BE DISCOVERED!\u00a0 I<\/strong>N PART, THE TOP RESERVE CURRENCY IN THE WORLD HELPS THAT REALITY TO BE DISCOVERED BUT WITH THE DOLLAR UNDER DE-DOLLARIZATION THAT NEW VALUE MAY BE MORE CHALLENGING TO DISCOVER!\u00a0\u00a0<strong>\u00a0&#8230;WHAT IS ABOUT TO OCCUR IN THESE MARKETS ARE MAJORLY SIGNIFICANT!<\/strong>\u00a0\u00a0 [post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Backdoc &#8211;<\/span>\u00a0IT TIME FOR THE MARKET TO MAKE A DECISION ABOUT ITS VALUE!\u00a0 WITH VIRTUALLY NO GROWTH IN WORLD MARKETS FINDING VALUE IS NOW A SERIOUS PROBLEM!\u00a0<\/strong>THE WAY THAT STOCKS ARE VALUED BASED ON EARNINGS HAS TO BE RECONSIDERED! WITH GLOBAL MARKETS SHOWING A DEFLATIONARY DEATH SPIRAL, VALUE HAS TO BE MEASURED DIFFERENTLY!\u00a0 CHINA TRIED TO STOP THE GREAT REPRICING BY PUTTING SELLING RESTRICTIONS ON THEIR STOCKS WHICH ONLY MADE THE PROBLEM WORSE!\u00a0 THIS CREATES DISTRUST IN MARKETS AND ELIMINATES A FAIR GAME!\u00a0<strong>WELL, IT LOOKS LIKE THEY WOKE UP TO THAT FACT AND WILL NOW LET THE GLOBAL REALITY VALUE BE DISCOVERED!\u00a0<\/strong>\u00a0<span style=\"text-decoration: underline;\">SOME FOLKS HAVE NO IDEA WHY THIS IS IMPORTANT TO YOUR DINAR INVESTMENT BUT IT HAS EVERYTHING TO DO WITH IT<\/span>!\u00a0\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Aggiedad77 &#8211;\u00a0<\/span><\/strong>Can you say it is time&#8230;empirical data&#8230;data coming quicker and quicker&#8230;the quickest&#8230;<strong>it is on it&#8217;s way&#8230;Mosul residents&#8230;as you have long awaited your&#8230;freedom from the terrorists&#8230;that effort will be knocking on your doo<\/strong>r&#8230;listen for it&#8230;watch for them&#8230;all bases are covered&#8230;are you ready.\u00a0\u00a0<strong>SECURITY and STABILITY are at hand here for you.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Poppy3 &#8211;\u00a0<\/span><\/strong><strong>MAJOR CELEBRATION PLANNED FOR MARCH 1<\/strong>&#8230;PEOPLE IN BAGDAD EXCITED AND GETTING THE TOWN READY PER RESIDENT THERE. \u00a0<strong>\u00a0ALSO REPORTS BAN KI MOON AND DIGNITARIES FROM UN, IMF, WORLD BANK AND MANY WORLD LEADERS RUMORED TO BE ATTENDING.<\/strong>\u00a0THIS INFO SUPPLIED BY BAGHDAD RESIDENT.\u00a0<strong>HE SAYS SOMETHING IS FOR SURE HAPPENING.<\/strong>\u00a0TIME WILL TELL VERY SOON.<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; Tuesday 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;\">Breitling &#8211;\u00a0<\/span><\/strong>article \u201c\u2026<em>CBI\u2019s intention to sell bonds to the public for 7 trillion dinars through the year<\/em>\u201d.\u00a0 There are a couple things this is attached to.\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">Obviously they are after the dinar<\/span><\/strong>.\u00a0 2.\u00a0 They are coming up with strategies to make up for the price of oil.\u00a0 Even though Iraq has a huge dollar reserve.\u00a0 Question:\u00a0\u00a0<em>Is the Iranian currency going to go up in value?<\/em>\u00a0 It\u2019s impossible for it not to.\u00a0 Here\u2019s the thing though\u2026It\u2019s going to be nothing compared to the dinar.\u00a0 I don\u2019t even look at it personally.\u00a0 I really don\u2019t.\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">Will it go up as much as the dinar?\u00a0 It\u2019s a big fat no.\u00a0 But we\u2019ll see.<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">wmawhite &#8211;\u00a0<\/span><\/strong><strong>the price of oil has very little to do with Iraq entering the economy market during the 1st half of 2016.\u00a0<\/strong>\u00a0[<em>but it might effect the price of their currency<\/em>.]\u00a0<strong>\u00a0No&#8230;it will not.<\/strong>\u00a0 The price of oil has dropped over 60% and the change in the value of the Kuwaiti Dinar changed $0.20&#8230;20 cents.\u00a0 The KWD went from $3.55 to $3.35 per dinar.\u00a0 [<em>right but Iraq has no price at this point, Kwd is already established<\/em>.]\u00a0\u00a0\u00a0<strong>Of course they know what the true value of the IQD is&#8230;how else could the IMF tell the world that Iraq is expected to enter the economy market in 2016<\/strong>.\u00a0 IMO&#8230;central banks do not go changing their values every time their GDPs change&#8230;their goal is to provide stability in their currency&#8230;<strong>IMO, they know where they want to be and IMO we will see it soon<\/strong>.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie &#8211;\u00a0<\/span><\/strong>THIS IS GONNA BE A BUSY WEEKEND&#8230;\u00a0<strong><span style=\"color: #c23b3b;\">ABADI WILL BE IN PARLIAMENT ON SATURDAY TO DISCUSS CABINET RESHUFFLE ISSUE.<\/span>\u00a0 SATURDAY VOTE ON AMNESTY.\u00a0 SUNDAY VOTE ON ACCOUNTABILITY &amp; JUSTIC (DEBAATHIFICATION).<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Poppy3 &#8211;\u00a0<\/span><\/strong>&#8230;reported to me<strong>\u00a0<span style=\"text-decoration: underline;\">IRAN&#8230;IRAQ NOT ONLY EFFECTING US IT IS HOLDING UP THE ENTIRE CBI WANTING AND NEEDING TO RAISE THEIR RATE AND ARE ASKING IRAQ CBI TO GET ON WITH REFORM<\/span><\/strong>. REPORTED THEY ARE STALLING RECOVERY FOR THE ENTIRE MIDDLE EAST.\u00a0<strong>&#8230;<span style=\"text-decoration: underline;\">I STILL THINK THEY WILL ANNOUNCE NEW RATE SOMETIME BETWEEN NOW AND THE END OF THE FIRST WEEK OF MARCH.<\/span>\u00a0<\/strong>TIME WILL TELL BUT I LIKE WHERE WE ARE TODAY&#8230;ALSO MY OPINION ABADI RESIGNING IS JUST A SHOW HE&#8217;S NOT GOING ANYWHERE HE HAS WORKED TO HARD TO GET THEM HEADED THE RIGHT DIRECTION.<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>(just click and ask to join&#8230; enjoy!!)<\/strong><\/p>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG &#8211;\u00a0<\/span><\/strong>Abadi is fighting a MASSIVE FIGHT against corruption&#8230;he&#8217;s about to deal them a MASSIVE blow&#8230;usually when Abadi takes out one corrupt player he axes three &#8211; just for good measure.\u00a0 Malik, Najafi, Allawi..\u00a0<strong>I am pretty sure this whole cabinet reform will result in a different appointment than Alak&#8230;to the CBI&#8230;IMHO<\/strong>\u00a0&#8211; Alak has obviously been a Maliki obstructionist agent&#8230; thru Alak they have CONTINUED syphoning the CBI reserves and helping Iran thru the last stages of this time period&#8230;THEY WERE GETTING RICH (ER) while doing it&#8230; it&#8217;s probably that simple.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">wmawhite &#8211;\u00a0<\/span>IMO, a lot of what we are seeing are the foundations of the institutions of a future Iraq being put into place.\u00a0<\/strong>These institutions is what will give Iraq the opportunity to succeed in the future long after they enter the world markets.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 &#8211;\u00a0<\/span><\/strong>&#8230;there was an article that came out last month&#8230;very interesting&#8230;it says&#8230;<span style=\"text-decoration: underline;\"><strong>An Invitation to Link the Iraqi Dinar to Global Economics<\/strong><\/span>&#8230;<strong>Think about the seriousness of that article&#8230;you are talking about the Iraqi dinar that is on a program rate&#8230;and you are discussing the possibilities of what it can do in a global economic environment.\u00a0<span style=\"text-decoration: underline;\">\u00a0Why?<\/span><\/strong>\u00a0&#8230;because they are about to change the value of this currency to enter that international arena&#8230;that article gives me chills.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG &#8211;\u00a0<\/span><\/strong>[<em>&#8230;are we looking at something happening within the next 3 to 6 months still<\/em>?]\u00a0<strong>\u00a0IMHO a lot less than you are thinking<\/strong>&#8230; but maybe a bit longer than some are thinking&#8230;especially with this GOI &#8220;reforming&#8221;&#8230;<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Delta &#8211;\u00a0<\/span><\/strong>what else is left to do&#8230;Allak threw this party yesterday&#8230;why&#8230;to show his hand&#8230;to prove to people he can do the job&#8230;he\u2019s going to look like the hero now&#8230;I\u2019ve read this contract maybe 10 times and maybe I\u2019m reading it wrong&#8230;but<strong>\u00a0indirectly the IMF is telling Iraq you have to show me a new rate by the end of February&#8230;now the I-TEAM is saying a similar thing<\/strong>\u2026watch for something to come from the CBI on the Arabic side&#8230;<strong>IMO&#8230;if they are following the IMF game plan then we should see a rate by the end of this month.<\/strong>\u00a0\u00a0 [post 2 of 2]<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) 02-18-15\u00a0<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3140<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 02-18-2015<\/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>28<\/td>\n<\/tr>\n<tr>\n<td>Number of remittance companies<\/td>\n<td>19<\/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>111,400,000<\/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>111,400,000<\/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\/blog\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Delta &#8211;\u00a0<\/span><\/strong>This is all exciting indeed&#8230;it will be exciting to see what that next move is going to be before the end of this month&#8230;looking back at the IMF contract and all the things they are telling them to do&#8230;to be Article 8 compliant&#8230;<strong><span style=\"text-decoration: underline;\">they have a couple of hard fast things they must do by the end of February&#8230;not just with the Investment Law&#8230;but lifting restrictions on the exchange rate<\/span>.\u00a0 So basically they need a true rate.\u00a0<\/strong>\u00a0[post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">firefly &#8211;\u00a0<\/span><\/strong>Everything is lining up for a fairy\u00a0 tale ending!\u00a0 I&#8217;m soooo excited&#8230;!\u00a0<span style=\"text-decoration: underline;\"><strong>\u00a0Now the IMF is giving them a deadline of the end of February to draft and ADOPT prior to March?\u00a0 Coincidence?<\/strong><\/span>\u00a0 [<em>Are you&#8230; feeling that we have a good chance of reaching our goal by the end of this month<\/em>?]\u00a0\u00a0\u00a0<strong>IMO it can happen at the blink of an eye.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 &#8211;\u00a0<\/span><\/strong><strong>They have told you again&#8230;and again what they are doing with their currency&#8230;they just haven\u2019t told you when&#8230;and yet they have narrowed it down because the IMF and the US went in there and said you are going to get this stuff done by the first half of this year<\/strong>.\u00a0 &#8230;to summarize&#8230;the best thing for me to tell you is that the CBI is looking over their bow for the right opportunity to take that shot&#8230;and you don\u2019t see much if anything from the CBI&#8230;you are seeing everything from the GOI because that is where the movement of the Monetary Reform is at right now.\u00a0\u00a0<strong>So what is the next step&#8230; LD\u2019s&#8230;when&#8230;I would say in March.\u00a0 So that is why we are looking for an announcement Family&#8230;from the CBI that they are raising the value of their currency.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Backdoc &#8211;\u00a0<\/span><\/strong>[<em>&#8230;it is nice to see iraq and iran working together to make money&#8230;what happened to iran going global on the 18th?\u00a0 is that still in play or is there a delay&#8230;<\/em>?]\u00a0\u00a0<strong>REMEMBER THOSE WERE THEIR WORDS! AND TO SOME EXTENT WE SEE THAT UNFOLDING BEFORE OUR EYES!\u00a0<span style=\"color: #c23b3b;\">SOMETIME BETWEEN NOW AND MID YEAR ALL WILL BE COMPLETE<\/span>.\u00a0<\/strong>\u00a0BE PATIENT FOR IT TO SHOW AND CHOOSE JOY!\u00a0 IMO.\u00a0 [<em>well it is not hard to see iran is more then ready&#8230;here is to hoping that after the cbi gets done celebrating maybe they will make time to get there monetary reforms done<\/em>.]\u00a0\u00a0<strong>IRAQ IS NOT DONE BECAUSE ITS NOT THEIR TURN YET! SOON! SOON!\u00a0 IMO.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">tman23 &#8211;\u00a0<\/span><\/strong>[<em>so is Abadi also resigning<\/em>]\u00a0\u00a0\u00a0<strong><span style=\"color: #c23b3b;\">No&#8230;he is not resigning&#8230; My understanding is that some Ministers will released\u00a0<\/span>and the special committee will vett the new technocrats selected.<\/strong>\u00a0The CoM is responsible for approving the Governor of the CBI.\u00a0 \u00a0This scenario will be the most interesting.\u00a0 \u00a0Basically Abadi is going to have carte blanch for a short period&#8230;\u00a0\u00a0 [post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">tman23 &#8211;\u00a0<\/span><\/strong><strong>The chatter is&#8230;during the Abadi reshuffle the government may move into a caretaker status government until the approval and seating of technocrats&#8230; Does make sense as Parliament and Political heads have given approval for Abadi reforms<\/strong>&#8230;And the 90 day &#8220;mini dictator&#8221; would work quit well to squash any immediate problems that arise thus avoiding the red tape political road blocks&#8230;\u00a0<strong>AND the same appears to be taking place inside the KRG<\/strong>&#8230; As one article put it&#8230;Save the country or Save the government?\u00a0 Those were the 2 choices.\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling &#8211;\u00a0<\/span><\/strong>Iran is not going to attack Iraq.\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">The majority of the people in Iraq are Shia and the majority of the people in Iran are Shia so there is going to be a lot of trading going\u00a0<\/span><\/strong>on so that&#8217;s supply times velocity.\u00a0 That&#8217;s positive for Iraq&#8217;s economy.\u00a0 It&#8217;s fundamental\u2026\u00a0 Articles are saying Iran is on a spending spree.\u00a0 They&#8217;re out buying the best jets they can get from the west so people can fly from one city to the next in Iran and they&#8217;re opening up their business world\u2026\u00a0<strong><span style=\"text-decoration: underline;\">Guess who one of their biggest business partner is?\u00a0 It&#8217;s Iraq.\u00a0\u00a0 That&#8217;s positive.\u00a0 I don&#8217;t see anything negative coming down the road<\/span><\/strong>.\u00a0 Iraq has the massive dollar reserve so they can spend money\u2026a percentage of their oil went down but they also gained it back on the value of the US dollar going up.\u00a0\u00a0<span style=\"text-decoration: underline;\"><strong>They also gained because they reduced their note count.\u00a0<\/strong><\/span>\u00a0 It&#8217;s really remarkable it really is.\u00a0 It makes me feel good\u2026things will come to a head coming up soon\u2026<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Backdoc &#8211;<\/span><\/strong>\u00a0TONIGHT I WANT FOLKS TO PUT IN PERSPECTIVE WHERE WE ARE IN THIS GAME OF MONETARY REFORM.<strong>\u00a0T<span style=\"text-decoration: underline;\">HE IMF TOLD US IRAQ WOULD ENTER THE WORLD IN THE FIRST HALF OF THIS YEAR, SO UNLESS THEY TELL US DIFFERENT YOU CAN TAKE THAT TO THE BANK BECAUSE THEY ARE ULTIMATELY IN CONTROL AND ALWAYS TELL THE TRUTH!<\/span>\u00a0<\/strong>\u00a0<em>WHY DOESN&#8217;T IRAQ COMPLETE ITS REMAINING LAWS<\/em>?\u00a0\u00a0<strong>WELL FOR ONE IT\u2019S BECAUSE OIL PRICES NEED TO BE HIGHER! TODAY WAS A HUGE PUSH TOWARDS THAT REALITY!\u00a0 FOR SOME TIME NOW IRAQ HAS BEEN READY!\u00a0<\/strong>\u00a0IRAQ COULD HAVE FINISHED LONG AGO BUT IRAN, S.A., AND RUSSIA WOULD NOT HAVE BEEN READY! THATS WHY THE IMF SAID THE FIRST HALF OF THE YEAR!<strong>\u00a0<em>WHEN WILL WE SEE THIS ON OUR LEVEL?<\/em>\u00a0HOPEFULLY SOON &#8230;<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG &#8211;\u00a0<\/span><\/strong>The governor of the bank on the Keywords &#8220;<em>The central bank is responsible for holding the currency auction Under the law, which he considers responsible for the stability of the exchange rate,&#8221; noting that &#8220;it is theoretically possible that the Ministry of Finance to conduct an auction currency, but in practical terms is possible.<\/em>&#8221;\u00a0 Looks a lot like &#8211; to me&#8230;Alak is &#8220;beset&#8221; on all sides&#8230;over the last few days &#8211;<span style=\"text-decoration: underline;\">\u00a0<strong>numerous articles out about &#8220;no confidence&#8221; in him&#8230;potential removal<\/strong>.<\/span>..whatever the final outcome &#8211; there seems to be some real movement (as there has to be) on the part of the GOI against the CBI &#8211; or bad CBI policy&#8230;and corruption&#8230;looks like there is big movement underway &#8211; is this directly &#8220;Dinar-centric&#8221;? \u00a0<strong>It would be hard to see where it doesn&#8217;t impact the value of the Dinar.\u00a0<\/strong>\u00a0I think there is a lot more to this story we don&#8217;t know&#8230;\u00a0<strong>but Alak under the gun is good (as far as I&#8217;m concerned).<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><span style=\"color: #c23b3b;\"><strong>rcookie &#8211;<\/strong>\u00a0<\/span>[<em>This is the printed agenda.\u00a0I don&#8217;t see amnesty or fed ct here&#8230;didn&#8217;t they say Thursday<\/em>?]\u00a0\u00a0<span style=\"color: #c23b3b;\"><strong>AMNESTY WAS PUSHED TO SUNDAY OR MONDAY&#8230;FED COURT TO EARLY MARCH<\/strong>&#8230; <strong>UNBELIEVABLE<\/strong><\/span><strong>.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">wmawhite &#8211;\u00a0<\/span><\/strong><strong>All of this activity is IMO in support of Iraq&#8217;s move into the international currency\/commercial markets.\u00a0<\/strong>\u00a0In order for Iraq to survive it&#8217;s financial institutions must be able to operate both domestically and internationally&#8230;thus all of what we are seeing.\u00a0 \u00a0<strong><span style=\"text-decoration: underline;\">If their intention was to do nothing and continue to live off of the USD&#8230;then why bother with all of these changes<\/span>&#8230; why sign agreements with the IMF&#8230;why bother telling the world that they are ready for their investments? Why?\u00a0\u00a0<span style=\"text-decoration: underline;\">Because they are working towards a definitive date to make huge changes in their monetary system.<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a0\u00a0\u00a0<\/span>[post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Poppy3 &#8211;\u00a0<\/span><\/strong><strong>NOW WE HAVE UNITED NATIONS BAN KI MOON TRAVELING TO IRAQ WITH OTHER WORLD LEADERS TO BE THERE THE FIRST OF MARCH?\u00a0<\/strong>WHY?<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana &#8211;\u00a0<\/span><\/strong>I am still impressed and encouraged by Abadi&#8217;s very steady and consistent\u00a0progress with so many things in the GOI&#8230;we are still\u00a0miles and miles ahead of where we were a decade ago. There was a LOT to get\u00a0done to get this far&#8230;<strong>We have come a long way, and I&#8217;m sure most of you realize that\u00a0we&#8217;re missing one\u00a0big piece right now.\u00a0 I&#8217;ve been harping on it for a while now.\u00a0You know what it is&#8230;\u00a0<em>HCL<\/em>.\u00a0<\/strong>So the question at this point is &#8220;Will the HCL\u00a0ever\u00a0happen&#8221;?\u00a0 Well, consider one thing&#8230;the price of oil.<strong>\u00a0<\/strong>Has the price of oil changed, or are we seeing a major reason for it to? Not really. And\u00a0I don&#8217;t think this is a coincidence, but there&#8217;s also been a distinct lack of discussion on\u00a0the HCL lately as well.\u00a0\u00a0<strong>When oil starts moving again, then HCL will ramp back up, and that&#8217;s what I&#8217;m keyed in\u00a0on right now.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><span style=\"color: #c23b3b;\"><strong>Bruce &#8211;<\/strong>\u00a0<\/span>I would say we are almost home with what I heard today.\u00a0I been asked to keep all Intel basically to a minimum. It&#8217;s very close.\u00a0 We are just coasting the rest of the way in.\u00a0\u00a0<strong>\u00a0Iran and Iraq are good to go!<\/strong>\u00a0\u00a0 Alot going on behind scenes,\u00a0<strong><span style=\"color: #c23b3b;\">we are soon to see everything internationally&#8230;it&#8217;s just a matter of just being notified at any time and any day!\u00a0<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">wmawhite &#8211;<\/span>\u00a0<\/strong>The IMF, Goi and CBI all have signed a Letter of Intent in which it is stated paragraph #19 that the government\u00a0<span style=\"text-decoration: underline;\">&#8220;will&#8221;<\/span>\u00a0move away from the MCPs which are in place because of the auctions.\u00a0<strong>Remove MCPs, i.e. no auctions, means IQD must have international acceptance.\u00a0<\/strong>\u00a0<strong>\u00a0&#8230;the IMF stated in November that their expectation was for Iraq to enter the economy market the 1st half of 2016.<\/strong>..never before in 6 years do I remember the IMF making such a statement.\u00a0 [post 1 of 2&#8230;.stay tuned]<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!! This is a good place to start &hellip; <a href=\"https:\/\/dinarupdates.com\/observer\/?p=12000\">Continue reading <span class=\"meta-nav\">&rarr;<\/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":[3,24,17,5,18,6,26,23,4,21,20,22,25,19,14,9],"class_list":["post-12000","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-recaps","tag-dinar-recaps-blog","tag-dinar-rv","tag-dinar-to-usd","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-37y","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12000","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=12000"}],"version-history":[{"count":7,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12000\/revisions"}],"predecessor-version":[{"id":12003,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12000\/revisions\/12003"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}