{"id":12067,"date":"2016-04-04T13:03:28","date_gmt":"2016-04-04T18:03:28","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12067"},"modified":"2016-04-05T09:32:58","modified_gmt":"2016-04-05T14:32:58","slug":"dinar-observer-daily-apr-4th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12067","title":{"rendered":"DINAR OBSERVER DAILY Apr 5th"},"content":{"rendered":"

Welcome to the Dinar Observer – Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – whether you are a Dinar vet or just looking for a little current Dinar info – Welcome.<\/strong><\/p>\n

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

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Mrs. BGG<\/em><\/h1>\n

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CURRENCY CODE SELL BUY
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Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing<\/span><\/span><\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
CURRENCY<\/td>\nCODE<\/td>\nSELL<\/td>\nBUY<\/td>\n<\/tr>\n
US dollar<\/td>\nUSD<\/td>\n1182.000<\/td>\n1180.000<\/td>\n<\/tr>\n
Euro<\/td>\nEUR<\/td>\n1351.262<\/td>\n1350.587<\/td>\n<\/tr>\n
British pound<\/td>\nGBP<\/td>\n1688.605<\/td>\n1687.761<\/td>\n<\/tr>\n
Canadian dollar<\/td>\nCAD<\/td>\n905.955<\/td>\n905.502<\/td>\n<\/tr>\n
Swiss franc<\/td>\nCHF<\/td>\n1232.405<\/td>\n1231.789<\/td>\n<\/tr>\n
Swedish krona<\/td>\nSEK<\/td>\n145.459<\/td>\n145.386<\/td>\n<\/tr>\n
Norwegian krone<\/td>\nNOK<\/td>\n143.141<\/td>\n143.069<\/td>\n<\/tr>\n
Danish krone<\/td>\nDKK<\/td>\n181.369<\/td>\n181.278<\/td>\n<\/tr>\n
Japanese yen<\/td>\nJPY<\/td>\n10.535<\/td>\n10.529<\/td>\n<\/tr>\n
Special
\nDrawing Rights<\/td>\n		SDR<\/td>\n1665.592<\/td>\n1664.759<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

http:\/\/www.cbi.iq\/<\/a><\/strong><\/em><\/h2>\n

Indicative rates – 04.05.2015<\/strong><\/h2>\n

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The greatest productive force is human selfishness. – Robert Heinlein<\/em><\/span><\/h1>\n

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*** Current News ***<\/strong><\/h1>\n

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rcookie –\u00a0<\/span><\/strong>Article: “Economic Adviser to the head of Government is the financial reserve “well” in the shadow of the economic crisis<\/em>”\u00a0\u00a0 \u00a0…powerful article out this morning that outlines…about cbi reserve status…iraq is completely on goal with where imf projects their reserves to be<\/strong><\/span>…under table 2 of the imf smp..loi\/mefp\/tech mou…from the years 2014-2018…and actually through 2020…this is clarifying article that completely debunks some of the ridiculous negative statements about iraqs reserve status…they are exactly on goal…<\/span><\/strong>
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Kaperoni –<\/span>\u00a0<\/strong>Article quote:\u00a0 “Great credit is due to the many aspects of the development of the Iraqi banking system and monetary policy in the current day to Dr. Shabibi..<\/em>.”\u00a0\u00a0 This guy is clearly pro Shabibi and deservingly so because he was a well liked and intelligent man who accomplished quite a bit for the banking system in Iraq.\u00a0I want to draw attention to the part where he raised the value of the dinar from 3000 to $1 to 1200 to $1 gradually. I believe this is the same plan for when the market economy is launched. And it did not take long for the CBI to accomplish this. The final step will be to raise the dinar from the current 1182 to $1, to 1 dinar to $1 or about removing the zeros during the process.<\/strong>\u00a0More importantly it shows it is possible without much fanfare.\u00a0Also, it is important that Iraq never suffered from hyperinflation as some have stated.\u00a0<\/strong>This is important because that is the basis for many who believe in a LOP theory. Iraq’s inflation peeked at or around 33% well below the requirement of over 50% to meet the definition of hyperinflation. These are good facts to keep in mind when we start to sway. Keep the faith, let it come to us.\u00a0The dinar will rise once the new government launches to market economy.<\/strong>
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Mnt Goat –\u00a0<\/span><\/strong>So what will happen once Shabibi is back within the CBI?\u00a0 Recap back to 2015 –\u00a0 I was told that the plan is to begin the launching of the lower denominations almost immediately, something that was planned for and was supposed to happen in early December of 2015 and we were supposed to have the final RV by the end of 2015. This is factual news. We know this did not happen then and has been still on the plan since only a new target was moved out.\u00a0 So the good news is this current information confirmed all the news we heard back then…I am also hearing they are pushing strongly to adhere to their mid March to mid April target timeframe for the currency reform (the RV window I gave you over two months ago) and moving to Article 8 of the UN charter.<\/strong>\u00a0Today is April 4th already and so there is less than 2 weeks remaining to complete this task. I am hearing they are going to make a major push this week and this week may go down in history.\u00a0<\/strong>\u00a0 [post 2 of 2]
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