{"id":12247,"date":"2016-05-29T07:28:08","date_gmt":"2016-05-29T12:28:08","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12247"},"modified":"2016-05-29T22:20:19","modified_gmt":"2016-05-30T03:20:19","slug":"dinar-observer-daily-may-29th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12247","title":{"rendered":"DINAR OBSERVER DAILY May 29th"},"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

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Mrs. BGG<\/em><\/span><\/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>\n1320.058<\/td>\n1319.398<\/td>\n<\/tr>\n
British pound<\/td>\nGBP<\/td>\n1736.949<\/td>\n1736.081<\/td>\n<\/tr>\n
Canadian dollar<\/td>\nCAD<\/td>\n910.562<\/td>\n910.106<\/td>\n<\/tr>\n
Swiss franc<\/td>\nCHF<\/td>\n1192.735<\/td>\n1192.138<\/td>\n<\/tr>\n
Swedish krona<\/td>\nSEK<\/td>\n142.353<\/td>\n142.282<\/td>\n<\/tr>\n
Norwegian krone<\/td>\nNOK<\/td>\n142.755<\/td>\n142.684<\/td>\n<\/tr>\n
Danish krone<\/td>\nDKK<\/td>\n177.507<\/td>\n177.418<\/td>\n<\/tr>\n
Japanese yen<\/td>\nJPY<\/td>\n10.775<\/td>\n10.769<\/td>\n<\/tr>\n
Special
\nDrawing Rights<\/td>\n		SDR<\/td>\n1661.892<\/td>\n1661.061<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

Indicative rates – 05.29.2015<\/strong><\/h2>\n

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Courage is rightly esteemed the first of human qualities, because it is the quality that guarantees all others. – Winston Churchill<\/em><\/span><\/h1>\n

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

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Poppy3 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 [I think they will wait till June 30 @ 11:59 PM.<\/em>]\u00a0\u00a0I DON’T BECAUSE THERE ARE THINGS POST NEW RATE THEY WILL HAVE TO DO BEFORE FULL RECOGNITION GLOBALLY. I THINK THEY WILL NEED TO POST A NEW RATE AND THEN IT WILL TAKE A FEW DAYS OF PROCESS BEFORE IT WILL BE ACCEPTABLE FOR ANYONE TO EXCHANGE<\/strong>…JUST MY PERSONAL THOUGHTS.\u00a0 I HOPE I’M WRONG AND THE DAY IT CHANGES IT IS FULLY TRADABLE.\u00a0 TIME WILL TELL…
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tlm724 (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0Article:\u00a0 “IMF loan makes Iraq subject to international economic standards<\/em>”\u00a0 Quotes:\u00a0“the International Monetary Fund, World Bank and international partners have agreed, in the May 19, 2016, to give Iraq a loan of $ 15 billion at an interest rate of 1.5%<\/em>”\u00a0\u00a0 “Iraq borrow from the International Monetary Fund makes Iraq abide by international standards and conditions, namely that Iraq abide by mandatory.<\/em>”\u00a0\u00a0mandatory requirements that Iraq MUST abide by, period!\u00a0\u00a0 The IMF HAS set conditions to this bailout.<\/strong><\/span>
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The credit ratings agency: Iraq is agreement with the IMF for a positive credit rating<\/span><\/h1>\n

Economy News \/<\/strong> Baghdad agency said credit ratings, “Moody’s”, said the agreement concluded by Iraq and the International Monetary Fund last week, regarding loan demand worth 5.4 billion dollars, a positive credit rating and will improve the liquidity of the government strapped to it.<\/p>\n

Moody’s said in a statement, “The agreement will help Iraq to finance the budget deficit and the current account deficit.”<\/p>\n

The agreement allows reached last Thursday of additional international aid worth $ 15 billion over the next three years to support an economy hit by the drop in oil prices since mid-2014 and the costly war against al Daash. AJ<\/p>\n

Read More: http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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Kaperoni (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 Article quote:\u00a0 “The Prime Minister reiterated the financial adviser appearance of Mohammed Saleh, said on Sunday that Iraq is suffering from an estimated $ 50 billion financing gap.<\/em>”\u00a0\u00a0\u00a0 [Why these guys created a budget that was going to have $50 billion dollar hole in it is beyond me. Here’s hoping the IMF can get in there and make a difference<\/em>.]\u00a0 Well…I think its a catch 22.\u00a0If the budget is to small, they cannot pay salaries and that would be an obvious red flag. If the budget covers salaries, they buy time (3-9 months) to come up with financial solutions to the deficit.<\/strong>\u00a0Neither good, but\u00a0at least it gives them a window of opportunity to advance the economy if the conditions change<\/strong>.
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Breitling (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0I have not seen one negative move from Iraq that has to do with our investment\u2026speculating on this currency<\/span><\/strong>\u2026I want to be very clear about when it comes to Maliki\u2026this is going to hurt some people\u2026if you\u2019ve been talking garbage about Maliki\u2026you\u2019re wrong\u2026Every law Maliki passed had to do with western standards and westernization of developing their country\u2026I\u2019ve never seen any country hit every mark that they need to be doing to absorb the west and the capital that\u2019s coming from the west to be able to hit that restart button.\u00a0 And what\u2019s going to be a part of that?\u00a0 The value of the currency that you and I are involved with.\u00a0 That\u2019s what Maliki did.\u00a0 But he is not part of the process like he used to be.\u00a0 How many laws were passed under him that were pro business pro west?\u00a0 It\u2019s simple math.
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Thousands of Peshmerga move on ISIS in major offensive<\/strong><\/span><\/h1>\n