{"id":12132,"date":"2016-05-02T11:44:39","date_gmt":"2016-05-02T16:44:39","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12132"},"modified":"2016-05-02T18:51:49","modified_gmt":"2016-05-02T23:51:49","slug":"dinar-observer-daily-may-2nd","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12132","title":{"rendered":"DINAR OBSERVER DAILY May 2nd"},"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

\"\"<\/p>\n

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>\n1342.516<\/td>\n1341.844<\/td>\n<\/tr>\n
British pound<\/td>\nGBP<\/td>\n1720.046<\/td>\n1719.186<\/td>\n<\/tr>\n
Canadian dollar<\/td>\nCAD<\/td>\n942.283<\/td>\n941.812<\/td>\n<\/tr>\n
Swiss franc<\/td>\nCHF<\/td>\n1222.211<\/td>\n1221.600<\/td>\n<\/tr>\n
Swedish krona<\/td>\nSEK<\/td>\n146.805<\/td>\n146.732<\/td>\n<\/tr>\n
Norwegian krone<\/td>\nNOK<\/td>\n145.200<\/td>\n145.127<\/td>\n<\/tr>\n
Danish krone<\/td>\nDKK<\/td>\n180.367<\/td>\n180.277<\/td>\n<\/tr>\n
Japanese yen<\/td>\nJPY<\/td>\n10.578<\/td>\n10.573<\/td>\n<\/tr>\n
Special
\nDrawing Rights<\/td>\n		SDR<\/td>\n1670.710<\/td>\n1669.874<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

Indicative rates – 05.02.2015<\/strong><\/h2>\n

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A man’s rights rest in three boxes. The ballot box, jury box and the cartridge box. – Frederick Douglass<\/em><\/span><\/h1>\n

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

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Islandg1211 –\u00a0<\/span><\/strong>We are seeing gains in the fight against ISIS in Iraq.\u00a0Their money has been hit. Their IED stockpile, their leaders, their snipers are targeted, and the areas they once held are being liberated<\/strong>. Many different troops are fighting under one Army…Step by step there is progress on the ground.<\/strong>
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tman23 –<\/strong>\u00a0<\/span>…APRIL SHOWERS BRING MAY FLOWERS<\/strong>… AND THAT IS THE BEST EXPLANATION I HAVE…NOW SIT BACK AND WAIT FOR THEM TO BLOOM…<\/strong>
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tlm724 –<\/span>\u00a0In addition, the price of oil has become the main engine to display the Iraqi currency.\u00a0<\/strong>\u00a0When the price of oil rises, it will be the Ministry of Finance more dollars to be transferred to the Iraqi dinar with the central bank.\u00a0If the exchange rate stable and has not changed, the more Iraqi dinars must be provided for the purchase of which will lead to increased supply cash.\u00a0<\/strong>Conversely, a fall in oil prices would have the opposite effect.\u00a0 (post 2 of 2)
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Abadi seeks to liquidate al-Maliki and Allawi and Nujaifi relying on our movement protest<\/strong><\/span><\/h2>\n

\"\"BAGHDAD \/ Hassan Shammari:<\/strong>\u00a0The leader of the Sadrist Prince Kanani, on Monday, Prime Minister Haider al-Abadi seeks to liquidate his opponents (Nuri al-Maliki and Ayad Allawi and Osama Najafi, by relying on the demonstrators, stressing that the protest movement is in the interest of the end for al-Abadi.<\/p>\n

Said Kanani in alone for “Middle East”, and seen by “Sky Press,” that “Abadi Pat derives its strength from the demonstrators, and he was able to cross the protests of the overthrow of the leaders of the senior fold: Nouri al-Maliki, and Iyad Allawi, and Osama Najafi, Saleh al-Mutlaq through package The first reforms last year. ”<\/p>\n

Kanani said that “al-Abadi is not weak as many fancy, but it will work on the liquidation of the remaining adult opponents, to take advantage of this protest movement flowing into the end of his interests.”…<\/p>\n

Read More:\u00a0http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em>
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tlm724 –\u00a0<\/span><\/strong>In Iraq, the most effective means to control the money supply is through the exchange rate control, because the money mainly arise from the conversion of the Central Bank of dollars of state oil exports to the local currency.<\/strong>\u00a0 If the central bank raised the Iraqi dinar against the US dollar, it will add an additional dinars per dollar purchased from the government.\u00a0If the exchange rate has reduced the money supply growth rate will slow down.\u00a0 Since the stability of the exchange rate is one of the main objectives of the Central Bank of Iraq, the use of the exchange rate for macroeconomic management was limited.\u00a0<\/strong>\u00a0(post 1 of 2….stay tuned)
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tman23 –\u00a0<\/span><\/strong>Saying government does not play a role in exchange rate doesn’t make it so…\u00a0CBI is independent no doubt and there role is to maintain currency stability through the market…inflation… employment …etc…The GOI plays a role in all these matters..<\/strong>
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Islandg1211 –\u00a0<\/span><\/strong>We have had a lot of news these past ten days, including:\u00a0\u00a0Jack Lew co-signed Iraq’s debt.\u00a0 Banking Reforms were 98% complete.<\/strong>\u00a0 Progress fighting ISIS.\u00a0 Abadi’s five out of ten Ministers replaced.\u00a0 Arrests.\u00a0\u00a0Jack Lew, Ash Carter, and Biden had meetings in Baghdad.\u00a0 Government extended this holiday weekend.<\/strong>\u00a0Plan is needed for who will get credit for Mosul.\u00a0 Protest against the GOI, supporting Abadi.\u00a0 State of Emergency declared.\u00a0Three presidents met and gave Abadi sole authority today.\u00a0<\/strong>\u00a0And Oil prices are in the mid $40s.\u00a0We have had Intel from Frank(26) that the BIS has approved the RV on April 28.<\/strong>\u00a0 Now, combine both the news and the Intel.
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\"!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA\"<\/a>Be sure to join the New Dinar Updates “private” FaceBook Group…<\/strong><\/span><\/h2>\n

https:\/\/www.facebook.com\/groups\/571383766355188\/<\/a><\/strong><\/em><\/p>\n

(go here and ask to join… then add some Dinar Friends!!)<\/strong><\/p>\n

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Millionday –\u00a0<\/span><\/strong>Article quote:\u00a0 “…met the three presidencies, on Sunday, in the home of President Fuad Masum…<\/em>”\u00a0\u00a0TONIGHT [SUNDAY] THE THREE PRESIDENTS HAD AN EMERGENCY MEETING AND ALSO ALL HEADS OF PARTIES WERE THERE AS WELL<\/strong>\u00a0— THEY STATE THAT IT IS ABOUT THE STORMING OF THE GREEN ZONE —\u00a0HOWEVER THAT WAS FED UP CITIZENS WAITING ON THE REFORMS AND ACTION AND HAD BEEN RESOLVED — SECURITY TOOK CARE OF IT.\u00a0 LOVE TO HAVE BEEN A FLY ON THAT WALL AT THE MEETINGS — WOW —\u00a0ARAB STOCK MARKETS AND THEN THREE PRESIDENTS AND OFFICIALS — AND ISO — LOVE IT ALL.<\/strong>
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Poppy3 –\u00a0<\/span><\/strong>I BEEN TELLING YA’LL FOR MONTHS EVEN YEARS THEIR NEWS MEDIA AND OURS ARE IN THE BUSINESS OF THEIR OWN AGENDA AND RATHER TWIST THE NEWS TO THEIR POINT OF VIEW OR AGENDA TO MAKE NEWS NOT REPORT NEWS.\u00a0WATCH THE ACTIONS AND THAT WILL SHOW THE FACTUAL HAPPENINGS.\u00a0 WE WANT THE PEOPLE OF IRAQ TO GET THE THINGS THEY WANT AND NEED FROM THEIR GOI. WHEN THEY DO WE WILL HAVE WHAT WE WANT.\u00a0<\/strong>
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Islandg1211-<\/span><\/strong>\u00a0Frank \u00a0is…saying that in his opinion he has more than enough data to conclude the CBI is going to raise the rate of their currency.<\/span>\u00a0<\/strong>\u00a0He is stating that he believes there is finally going to be stability in the GOI.\u00a0\u00a0Making ISIS extinct, getting a stable government, replacing the CBI Governor, raising the rate, will finally allow this rich in resources nation take off in 3,2,1.<\/strong>
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tman23 –\u00a0<\/span>There will be no Parliament Tuesday… That is cancelled…\u00a0They will be meeting IMO in Najaf which was designated as the emergency set up for the GOI<\/span><\/strong>…The roads have been worked on with fence…and high security for the past 4 weeks… We will see how this plays out…But the announcement will come from Najaf…
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Poppy3 –\u00a0<\/span><\/strong>I TOLD EVERYONE…THEY NEVER NEVER NEVER FINISH ANYTHING IN ADVANCE OR ON TIME.\u00a0JUNE NEXT WINDOW…THEY ARE DOING ALL THEY CAN TO PREPARE FOR.<\/strong>\u00a0 HOPING THEY CAN PULL THINGS TOGETHER BY THE DEADLINE IMF SET FOR THEM. JUNE ISN’T FAR FROM HERE.
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rcookie –\u00a0<\/span><\/strong>LACK OF QUORUM, WAS OFFICIAL REASON GIVEN TO POSTPONING CABINET RESHUFFLE VOTE TO TUESDAY.<\/strong>..
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

\"follow<\/a>Don’t Miss \u00a0“NEWS TIME” in the DU CHAT ROOM – Monday evening 7:30pm CST!!
\n<\/span><\/strong><\/h2>\n

www.DinarUpdates.com<\/a> – save as favorite!!<\/strong>
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Aggiedad77 –\u00a0<\/span><\/strong>…remember Frank(26) saying “all hell will break loose”…well the confusion was..IMO…nothing but a ruse…Abadi let them into the GZ…Perhaps this is his reasoning for the implementation of Article 61…for then I believe he would be in control and there probably wouldn’t need to be a vote<\/strong>…he knows he’s got the backing of Masum, the Holy Men, and the US…<\/span>he just needed to get to a point…IMO… where he felt comfortable pushing this forward<\/span>…or his handlers…US…put the leverage in the right place to make it happen<\/strong>…I see nothing but good coming from this… maybe not today…or tomorrow but in the coming days…all IMO…I think it’s time to BE HAPPY…
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Islandg1211 –\u00a0<\/span><\/strong>This has been my only time frame that I personally focused on.\u00a0 I felt that April 2016 was the “targeted” window for the Monetary Reform.\u00a0 When Jack Lew co-signed for Iraq’s debt last week, I was very encouraged, feeling that the date and rate had been set.\u00a0 What is Shaibi’s plan?\u00a0\u00a0“The conditions need to be right<\/em>” according to Shabibi’s plan, including security, stability, and possibly Maliki arrested.\u00a0<\/strong>\u00a0With all the Monetary Reforms that have been done, plus the foreseeable security against ISIS, the remaining issue is stability within the GOI.<\/strong><\/span>\u00a0We know Abadi has half his Ministers replaced.\u00a0\u00a0Yesterday, he declared a State of Emergency.<\/span>\u00a0Today, he had the three presidencies back him up presumably doing it legally under Article 61 of the Constitution. The ball is in your court Abadi.<\/strong>\u00a0You have two more days of government Holiday.\u00a0 Today, you curtailed any more possible protesting inside the Parliament.\u00a0 We just have to see what Abadi does next.
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\u201cRound Table\u201d Dinar Call!!<\/strong><\/span><\/h1>\n

\u201cfor Dinar News \u2013 that MATTERS!!\u201d<\/span>
\nfrom 4\/21 \u2013 @ 6:00pm CST<\/span><\/strong><\/em><\/h1>\n

\u00a0 Smart phone user link \u2013 Click here
\n<\/a><\/strong><\/h2>\n

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mike –\u00a0<\/span><\/strong>Article quote:\u00a0 “Kurdistan blocs condemned in the House of representatives on Sunday, storming of Parliament by protesters and “assault” on the House of representatives…<\/em>”\u00a0\u00a0…<\/strong>The Kurd’s may condemn yesterday’s actions but they’re just as much to blame as any other member of Parliament, they’ve done everything they can to hamper progress…<\/strong>\u00a0\u00a0\u00a0…<\/strong>Abadi has failed, miserably, again. He is the commander in chief of Iraq and he has proven he’s incapable of defending his country, even from themselves.<\/strong>\u00a0I can’t even imagine what his next step is, how is he and the country going to recover from the embarrassment and failure to protect the seat of the legislative branch and it’s members? Hopefully it’s with force, both with the protesters and those who are continuing to impede progress. Get Parliament back into the building and lock the doors until a solution is reached, the time for delays have long passed. It’s just an opinion, but\u00a0the time for action is now…<\/strong>
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Mountainman –\u00a0<\/span><\/strong>Article quote:\u00a0 “Hold a meeting of the three presidencies Prime Minister Haider al-Abadi full responsibility for the entry of demonstrators took to the Green Square and the storming of the parliament building…As it demanded by using his constitutional authority to protect the prestige of the state and its institutions<\/em>.”\u00a0\u00a0\u00a0After Yesterdays PLANNED CHAOS it sure Is A IMPORTANT {MAY DAY} for IRAQ and it’s CITIZENS…a Much MORE [Inclusive] and POSITIVE Outlook TODAY and on their FUTURE…The CONFIDENCE ABADI is Speaking w\/is Very Encouraging.<\/strong>
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Iraqi Dinar\/Dollar auction (most recent listing) 05-02-16<\/strong><\/span><\/h2>\n

Currency Auctions Announcement No. 3190<\/strong><\/p>\n

This daily currency auction was held in the Central Bank of Iraq on the 05-02-2016<\/p>\n

The results were as follows:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
DETAILS<\/td>\nNOTES<\/td>\n<\/tr>\n
Number of banks<\/td>\n26<\/td>\n<\/tr>\n
Number of remittance companies<\/td>\n20<\/td>\n<\/tr>\n
Auction price selling dinar \/ US$<\/td>\n1182<\/td>\n<\/tr>\n
Auction price buying dinar \/ US$<\/td>\n—–<\/td>\n<\/tr>\n
Amount sold at auction price (US$)<\/td>\n96,077,314<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n96,077,314<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/td>\n—–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

More: http:\/\/dinarupdates.com\/observer\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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BGG –\u00a0<\/span><\/strong>[your impression of today’s events<\/em>?]\u00a0\u00a0Probably the best true News Day in a long time…has been running on the Fox news ticker all day long [Saturday]…and since most of us hold their currency – BIG DAY.<\/strong>\u00a0 Very exciting – we think it is “business as usual”…except…it has been running on every channel – all day long since 6 AM [Saturday]<\/strong>…FOX has run this on their ticker over and over and over and over…\u00a0\u00a0…protests are about Sadr wanting reforms – Abadi wants reforms – this is good for him in the long run…this plays DIRECTLY into his political “wheel house”…he’s GOBBLING up the int’l attention…Sadr is NOT THE CATALYST…but he is helping get things moved on down the road<\/strong>…\u00a0 [In light of these last couple of days, do you think Abadi will go ahead and call for early elections and replace people by proxi or will he still try and do things through parliament<\/em>?]\u00a0\u00a0looks more and more like – maybe…that only puts Abadi in\u00a0\u00a0HYPERDRIVE…good for us.\u00a0<\/strong>[…this didn’t slow things or mess up timing<\/em>?]\u00a0\u00a0when in a “HIGH PROFIT INVESTMENT” – turmoil is ALWAYS GOOD…Turmoil is the catalyst for upward movement…<\/strong>\u00a0\u00a0 [Any clue as to WHEN<\/em>?]\u00a0\u00a0the IMF already told you when.<\/strong>
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Chest: elections, “early” may be the beginning of the end of quotas and corruption<\/strong><\/span><\/h2>\n

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Chest: elections, “early” may be the beginning of the end of quotas and corruption<\/strong><\/em><\/p>\n

Saw the cleric, Muqtada al-Sadr, on Wednesday, said that “early elections” may be the beginning of the end of quotas and corruption!!<\/p>\n

Read More: http:\/\/www.dinarupdates.com\/showthread.php?33619-Chest-elections-quot-early-quot-may-be-the-beginning-of-the-end-of-quotas-and-corruption&p=150632#post150632<\/a><\/strong><\/em>
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Islandg1211 –\u00a0<\/span><\/strong>This OK Corral situation prompted the shutdowns and troops, and\u00a0may be setting up Abadi to declare a state of emergency which would give him the Constitutional right to act as he sees fit.<\/span>\u00a0He could appoint the rest of his cabinet.\u00a0<\/strong>With the troops in Baghdad, making more arrests, namely Maliki’s safer. Let’s be patient this weekend and see how things unfold.
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For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…<\/strong><\/span><\/h2>\n

http:\/\/www.dinarupdates.com\/forumdisplay.php?5-Current-Iraq-NEWS<\/a><\/strong>
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If you found this blog, our website or chats helpful \u2013 Forward it to a friend!! We couldn\u2019t do it without you!! Thanks \u2013 BGG!!<\/h2>\n

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

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 … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[],"class_list":["post-12132","post","type-post","status-publish","format-standard","hentry","category-dinar-observer"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8gMgY-39G","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12132","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=12132"}],"version-history":[{"count":4,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12132\/revisions"}],"predecessor-version":[{"id":12134,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12132\/revisions\/12134"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}