{"id":12219,"date":"2016-05-23T08:25:08","date_gmt":"2016-05-23T13:25:08","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12219"},"modified":"2016-05-24T17:31:52","modified_gmt":"2016-05-24T22:31:52","slug":"dinar-observer-daily-may-23rd","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12219","title":{"rendered":"DINAR OBSERVER DAILY May 23rd"},"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><\/span><\/h1>\n

\"\"<\/p>\n

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

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CURRENCY CODE SELL BUY
\n<\/span><\/strong><\/h2>\n

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>\n1326.086<\/td>\n1325.423<\/td>\n<\/tr>\n
British pound<\/td>\nGBP<\/td>\n1723.238<\/td>\n1722.376<\/td>\n<\/tr>\n
Canadian dollar<\/td>\nCAD<\/td>\n899.817<\/td>\n899.367<\/td>\n<\/tr>\n
Swiss franc<\/td>\nCHF<\/td>\n1192.494<\/td>\n1191.898<\/td>\n<\/tr>\n
Swedish krona<\/td>\nSEK<\/td>\n141.844<\/td>\n141.773<\/td>\n<\/tr>\n
Norwegian krone<\/td>\nNOK<\/td>\n142.047<\/td>\n141.976<\/td>\n<\/tr>\n
Danish krone<\/td>\nDKK<\/td>\n178.310<\/td>\n178.221<\/td>\n<\/tr>\n
Japanese yen<\/td>\nJPY<\/td>\n10.745<\/td>\n10.740<\/td>\n<\/tr>\n
Special
\nDrawing Rights<\/td>\n		SDR<\/td>\n1661.691<\/td>\n1660.860<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Indicative rates – 05.23.2015<\/strong><\/h2>\n

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

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Shallow men believe in luck. Strong men believe in cause and effect. – Ralph Waldo Emerson<\/em><\/span><\/h1>\n

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

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Poppy3 (Dinar Guru) – <\/span>\u00a0<\/strong>\u00a0\u00a0I AM TRULY…ACCORDING TO IMF…EXPECTING THE NEW RATE IN JUNE AND NO LATER THAN THE FIRST WEEK OF JULY.<\/strong>\u00a0WE SHALL SEE…VERY SOON.\u00a0 \u00a0THEY ARE SURE PUSHING THINGS FAST IN SPITE OF MALIKI VIOLENCE.<\/strong>
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\u201cRound Table\u201d Dinar Call!!<\/strong><\/span><\/h2>\n

\u201cfor Dinar News \u2013 that MATTERS!!\u201d<\/span>
\n5\/23 \u2013 @ 7:30pm CST<\/span><\/strong><\/em><\/h1>\n

\u00a0Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n

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rcookie (Dinar Guru) – <\/span><\/strong>\u00a0<\/span>\u00a0 Article:\u00a0 “Iraq market for securities sign three agreements to develop its dealings with investors<\/span><\/em>.”\u00a0\u00a0THE ISX SEEKING TO EXPAND CONTRACT TO INCLUDE OTHER FINANCIAL SERVICE PROVIDING AGENCIES AND EXPAND ITS CENTER<\/strong>…WOW!\u00a0 \u00a0[ISX, stocks, trades prices, information transmitting, sounds like over the border to me<\/em>…]\u00a0\u00a0IT IS ABSOLUTELY INTERNATIONAL…ALREADY HAVE FUNCTIONAL MECHANISMS FOR INTERNAL TRADING ACTIVITY….AND REMEMBER…ON 1\/7\/16 THE CBI MADE HUGE ANNOUNCEMENT DIRECTING TRANSITION FROM UAS TO IAS AND IFRS…WHICH IS AN ABSOLUTE PREREQUISITE TO GLOBAL PUBLICLY TRADED COMPANIES<\/strong>…ABSOLUTE PREREQUISITE…AND NOW THIS ANNOUNCEMENT.
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Kaperoni (Dinar Guru) – <\/span><\/strong>\u00a0\u00a0<\/span>\u00a0Article:\u00a0 “Patriotic Union of Kurdistan announce his presence to the next session of parliament”\u00a0\u00a0<\/em>\u00a0\u00a0Can’t wait to see the agenda’s…Guess we see how serious they are.<\/strong><\/span>
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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 – Wednesday evening 7:30pm CST!!<\/span><\/strong><\/h2>\n

www.DinarUpdates.com<\/a> – save as favorite!!<\/strong>
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wmawhite (Dinar Guru) – <\/span><\/strong>\u00a0<\/span>\u00a0 Quote:\u00a0 “Direct: agency Fitch Ratings said Friday that Iraq has an agreement with the IMF will open the way to get more international support and the possibility of issuing bonds to global markets<\/em>.”\u00a0\u00a0issuing bonds to global markets.\u00a0\u00a0 Folks…this is Fitch talking about Iraq (CBI) entering the global bond market.<\/strong>\u00a0And who is Fitch?\u00a0 “Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data…With dual headquarters in London and New York, Fitch Group is majority owned by Hearst<\/em>…”\u00a0\u00a0On those bonds…having them backed by other countries makes them a sure thing…6% to 8% on multiple millions is sweet. IMO…the gears on this thing are a turning…all of this activity will be a change in the status of the IQD.<\/strong>
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rcookie (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 …JUST LIKE THE 2010 CUSTOMS TARIFFS EVERYONE QUESTIONED AND DOUBTED…THE $2 BILLION EUROBOND PROGRAM WAS NEVER AN OPTION…IT WAS AND IS 100% EXECUTING…IT IS IN THE EXISTING 2016 BUDGET…AND IS NOW EVEN MORE CERTAIN THAN EVER BECAUSE THE BONDS HAVE BEEN GUARANTEED BY THE US GOV’T<\/strong>…AND THE 2016 BUDGET IS 100% EXECUTABLE…WITH EXCEPTION!!
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Iraqi Dinar\/Dollar auction (most recent listing) 05-23-16<\/strong><\/span><\/h2>\n

Currency Auctions Announcement No. 3204<\/strong><\/p>\n

This daily currency auction was held in the Central Bank of Iraq on the 05-23-2016<\/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>\n29<\/td>\n<\/tr>\n
Number of remittance companies<\/td>\n18<\/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$)<\/td>\n123,214,409<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n123,214,409<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/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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wmawhite (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0All of this activity shows me that Iraq is moving further and further along in the process of entering the economy markets …and the effect of all of this activity will be a change in the status of the IQD as to how the world markets deal with the CBI and it’s bank<\/strong>s…IMO, there has been a change in the status of Iraq within the international financial community<\/strong>…and why do I state this? Because…articles are talking about it…
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Kaperoni (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 I guess time will tell.\u00a0\u00a0In a few weeks or so we should see the IMF SBA published that will contain the details of the agreement.\u00a0<\/strong>\u00a0That will provide another piece of the puzzle and much more clarity to the plan for the financial system over the next 12 months or so.
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Iraq received the first of the beginning of July the international loan installment<\/span><\/h1>\n

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\nFinancial Advisor to the Prime Minister announced the appearance of Mohammed Saleh, said Iraq will receive the first batch of early next July, the international loan, which is not less than six hundred million dollars.<\/p>\n

Saleh said that the total amount of the loan of $ 5.4 billion, pointing out that he payout in the form of thirteen batch, thus indicating that the type of loan to be accessible and with few benefits of up to 1.6%.<\/p>\n

Read More: http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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mike (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 “Fitch: Iraq’s agreement with the IMF will enable it to issue an international bond<\/em>”\u00a0\u00a0\u00a0…The only silver lining I can see is the IMF’s direct involvement in the Finance and Integrity departments, if Iraq can’t get their act together, the IMF will try and do it for them<\/span>.<\/strong>\u00a0But to effectively do that, they need the judicial branch to step up and prosecute those who are accused.\u00a0Hopefully Mahmood is on his way out, it’s hard to imagine any real prosecution and conviction for these guys until he’s gone. \u00a0<\/strong>Time will tell, right?\u00a0 Your move, Abadi.
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BGG (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 …if the Kurds and Baghdad are so on the “outs” –\u00a0why did the CBI just agree to open a CBI (a branch of the Iraq CBI) in Kurdistan?\u00a0<\/strong>
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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><\/h2>\n

http:\/\/www.dinarupdates.com\/forumdisplay.php?5-Current-Iraq-NEWS<\/a><\/strong>
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wmawhite (Dinar Guru) –<\/span><\/strong>\u00a0 ...the IMF is not keeping secrets…they told the world and told the G-7 countries that they can conduct business with Iraq (CBI and it’s banks) “with confidence”<\/span>!\u00a0<\/strong>\u00a0If Iraq is going to do just what the IMF said the world can do…then, the question is…is it international? Here is a hint:\u00a0The Group of 7 (G7) is a group consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. Would that be international business?<\/span><\/strong>
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rcookie (Dinar Guru) –<\/span>\u00a0<\/span><\/strong>\u00a0 Article:\u00a0 “Abadi adviser reveal the terms of the IMF to lend to Iraq”\u00a0 Quote:\u00a0 “…financial advisor to the Prime Minister revealed the appearance of Mohammed Saleh, on the conditions of the International Monetary Fund for lending to Iraq nearly $ 5.5 billion…<\/em>”\u00a0\u00a0\u00a0THIS IS PART OF THE REASON THE IMF IS REQUIRING A REVISION AND REWRITE OF THE 2016 BUDGET LAW…THEY WILL INCORPORATE THE LOAN PAYMENTS AND BE MADE ACCOUNTABLE IN THE BUDGET<\/span><\/strong>… THE IMF MAINTAINS CONTROL OVER INTEGRITY & OFFICE OF FINANCIAL SUPERVISION AND AML ACTIVITIES OF FINANCIAL TRANSACTIONS…BIG BROTHER WATCHING…AND SAYING…”AH NO…YOU WONT BE DOING THAT WITH THIS MONEY”….
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On the Keywords: We have reached an agreement with the Kurdistan Region to open the central bank in Arbil<\/strong><\/span><\/h2>\n

\"b_280_189_16777215_0___images_idoblog_upload_1853_55ccf27d26d7b23839986b6ae2e447ab_6\"<\/a>The governor of the Iraqi Central Bank, on the Keywords, in an exclusive interview with Roudao Media Network, the central government held talks with the Prime Minister of the Kurdistan Region, Nechirvan Barzani, was agreed to open a central bank in the Kurdistan Region has all the requirements and specifications, and to be part of the bank CBI, pointing out that the Kurdistan region has the right to obtain 17% of the foreign loans obtained by Iraq.<\/p>\n

The following is a transcript of the interview:<\/strong><\/p>\n

Roudao: What is the role of the central bank in solving the current economic crisis?<\/strong><\/p>\n

On the Keywords:<\/strong> the central bank represents a fundamental pillar of economic policy in the country, along with fiscal policy, and since the country’s resources have dropped significantly, and in particular since 2015, played a central bank and still plays an important role in trying to overcome the current financial crisis, through his purchase of treasury transfers issued by the Ministry of Finance and purchased by banks, the central bank re deducted, which now stood at more than 12 trillion dinars, as well as the Central Bank allowed the use of 50% of the bank’s reserves has to buy money orders, with an estimated up to 4 trillion dinars…<\/em><\/p>\n

Read More: http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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tlm724 (Dinar Guru) –<\/span><\/strong>\u00a0 Article:\u00a0 “…Called on Prime Minister Haider al – Abadi, on Thursday, the World Bank to support the private sector in the country…<\/em>”\u00a0 Quote:\u00a0“Iraq ‘s stability is important and we have a new strategy to increase cooperation with Iraq and support and soft loans of the private sector<\/em>…”\u00a0\u00a0\u00a0remember one of the requirements set by the IMF was private sector development…so between now and the end of July, if not sooner we should see a huge shift in how the economy functions<\/span>, we might even see it running like a well oiled machine AND when we do we should see the stability needed to push the currency reform forward IMO.<\/strong>\u00a0 Basically they agreed to loan Iraq the money BUT not until August, giving Iraq June and July to set the economic policy straight.\u00a0\u00a0so we have the IMF overseeing the economic state of affairs and the World Bank overseeing development, ya gotta love a plan when it comes together!<\/span>\u00a0<\/strong>\u00a0…and Iraq NEEDS this money, have no doubt, which is a huge kick in the azz to get them moving.
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wmawhite (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0<\/span>…this talk about keeping us in the dark is seriously…stupid! First, they could not care any less about us and whether we know…second,\u00a0we know because they have been telling the world that they are going to add value to the currency.<\/span>\u00a0 The IMF did state that Iraq “will” enter the economy market during the first half of 2016. \u00a0If “this” …is entering the economy market then …it is happening…it has been happening…plus, the change in the status of the IQD will occur as an effect of entering the markets<\/span><\/strong>…it is a process…not an on and off switch.\u00a0\u00a0We have reason to believe Iraq is nearing the end of the process…<\/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-12219","post","type-post","status-publish","format-standard","hentry","category-dinar-observer"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8gMgY-3b5","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12219","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=12219"}],"version-history":[{"count":6,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12219\/revisions"}],"predecessor-version":[{"id":12222,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12219\/revisions\/12222"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}