{"id":12309,"date":"2016-06-12T11:05:39","date_gmt":"2016-06-12T16:05:39","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12309"},"modified":"2016-06-12T11:05:39","modified_gmt":"2016-06-12T16:05:39","slug":"dinar-observer-daily-june-12th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12309","title":{"rendered":"DINAR OBSERVER DAILY June 12th"},"content":{"rendered":"<p><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><\/p>\n<h1><span style=\"color: #800000;\"><strong><em>Word for the day&#8230;<\/em><\/strong><\/span><\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" aligncenter\" alt=\"\" src=\"https:\/\/scontent-atl3-1.xx.fbcdn.net\/v\/t1.0-9\/13344788_10204572217865476_5848514261344520752_n.jpg?oh=eb9ed5d71cc2997ea9101140c743bda7&amp;oe=580D4F1B\" width=\"329\" height=\"439\" \/><\/p>\n<h1><span style=\"color: #008000;\"><em>Mrs. BGG<\/em><\/span><\/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\">1340.743<\/td>\n<td align=\"center\">1340.072<\/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\">1709.881<\/td>\n<td align=\"center\">1709.026<\/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\">928.442<\/td>\n<td align=\"center\">927.978<\/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\">1229.585<\/td>\n<td align=\"center\">1228.970<\/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\">145.705<\/td>\n<td align=\"center\">145.632<\/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\">144.963<\/td>\n<td align=\"center\">144.891<\/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\">180.298<\/td>\n<td align=\"center\">180.208<\/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\">11.088<\/td>\n<td align=\"center\">11.083<\/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\">1671.313<\/td>\n<td align=\"center\">1670.477<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><strong>Indicative rates &#8211; 06.12.2015<\/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><span style=\"color: #008000;\"><em>Life-the way it really is &#8211; is a battle not between good and bad, but between bad and worse. &#8211; Joseph Brodsky<\/em><\/span><\/h1>\n<p>______________________________________________________________<\/p>\n<h1><strong>*** Current News ***<\/strong><\/h1>\n<p>______________________________________________________________<\/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=\"follow Dinar Updates on twitter\" 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 \u00a0&#8220;NEWS TIME&#8221; W\/Millionday in DU CHAT &#8211; Sunday eve 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;\">tlm724 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0Press Release quote:\u00a0 &#8220;<em>Finance Minister Hoshyar Zebari, the decision of Prime Minister Haider al-Abadi judge to dismiss a number of banks, managers, and expressed surprise at the lack of inclusion of the Central Bank and others<\/em>.&#8221;\u00a0\u00a0<strong>PM Abadi has the legal right to dismiss the bank managers of the state run banks&#8230;we KNOW 100 % that the IMF is in control of the economy including and not limited to the banking sector.<\/strong>\u00a0&#8230;do you believe that Abadi would make such a bold move without the consent of the IMF?\u00a0\u00a0\u00a0\u00a0<strong>I think we can all agree that Abadi did the right thing in firing these managers as they have held their positions for a very long time and during that time they know the banking system inside and out and how to work it to their advantage to steal etc.<\/strong>..\u00a0[post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0I understand many people got into the dinar on sheer hype\u2026I still get email asking what\u2019s the hold up\u2026<strong><span style=\"text-decoration: underline;\">there is no holdup.\u00a0 A country\u2019s values on the way it moves it moves slow.\u00a0 It\u2019s massive.\u00a0 It\u2019s big.\u00a0 It\u2019s a big giant turtle\u2026to someone who\u2019s not trained in it they think that\u2019s something wrong\u2026nope<\/span><\/strong>.\u00a0 That\u2019s not what\u2019s going on.\u00a0 There\u2019s nothing wrong at all\u2026it\u2019s closer than you think.\u00a0<span style=\"text-decoration: underline;\">Technically they can revalue today.<\/span>\u00a0 Let them get past this stuff.\u00a0 Let them get past what their watching\u2026the market and how the market is going to react so they can see the trend so they can actually start to pull the trigger.\u00a0 What I am looking for specifically is [with] the leeway that they have they might be able to (with out the markets being 100% predictable)\u00a0<strong><span style=\"text-decoration: underline;\">they might be able to pull the trigger anyways on a percentage of what they can do.\u00a0 So there is always that option.\u00a0 It\u2019s not a do or die situation for them.\u00a0 you should be very very happy because you are very very close.\u00a0<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 06-12-16<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3218<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 06-12-2016<\/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>32<\/td>\n<\/tr>\n<tr>\n<td>Number of remittance companies<\/td>\n<td>18<\/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$)<\/td>\n<td>144,146,155<\/td>\n<\/tr>\n<tr>\n<td>Amount purchased at Auction price (US$)<\/td>\n<td>&#8212;&#8211;<\/td>\n<\/tr>\n<tr>\n<td>Total offers for buying (US$)<\/td>\n<td>144,146,155<\/td>\n<\/tr>\n<tr>\n<td>Total offers for selling (US$)<\/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;\">mike (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>\u00a0If they continue to ignore the protesters demands, the only safe place for the MP&#8217;s is going to be the Green Zone and that&#8217;s not going to be enough. They have to get into their communities at some point to remain viable and visible, no one&#8217;s going to follow a leader they can&#8217;t see.\u00a0These politicians put a lot of effort coming up with reasons to not protest. The battle in Fallujah, Ramadan and now the citizens well being.\u00a0<strong>At some point, hopefully, they&#8217;ll put some effort into accomplishing the reforms and satisfying the protesters demands. Or not. And then we&#8217;ll get to watch how the Arab Spring accomplish reforms and it&#8217;s not going to be pretty. Your move Abadi.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Kaperoni (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0<span style=\"text-decoration: underline;\"><strong>\u00a0Yes the market rate is dropping<\/strong>&#8230; Good news&#8230; Last few days. &#8230;<\/span><strong><span style=\"text-decoration: underline;\">June 8th\u00a0 -1272.\u00a0 &#8230;June 9th &#8211; 1260<\/span>.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>&#8230;the decision to&#8221; revitalize the banking sector and Sir national strategy to stimulate the economy and create jobs and implement launch loans for industrial projects, residential and commercial citizens the best formula, according to the government &#8216;s plans.<\/em>&#8221;\u00a0<strong>\u00a0I have been beating this drum lately about there being a\u00a0<span style=\"text-decoration: underline;\">GOI PLAN for a few days now&#8230;it&#8217;s in print&#8230;they have been clear&#8230;now it looks a lot like Abaidi is moving things forward pretty fast<\/span><\/strong>&#8230;oddly enough &#8211; there was a bit about Maliki wanting to &#8220;take Iraq back&#8221; to a point sometime in the past &#8211; talking about Iraq needing a &#8220;strong man&#8221; leader&#8230;HE IS CRACKED.\u00a0\u00a0<strong>I really see this as success on multiple planes&#8230;Abadi not only evaded Maliki&#8217;s direct charge on him (recently) &#8211;\u00a0<span style=\"text-decoration: underline;\">but he is having some real success in removing corruption and implementing serious reforms and advancements in Iraq&#8217;s financial sector. The key to their futur<\/span>e.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #800000;\"><strong>SIGR Report Recap (Flashback)&#8230;<\/strong><\/span><\/h2>\n<p><em><strong>THIS REPORT WAS SENT TO CONGRESS LAST MAY (it appears to be from May of 2012). IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.<\/strong><\/em><\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\" alignleft\" alt=\"\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2014\/01\/7069949_orig1.png?w=640\" \/>We are seeing and hearing that the inflation rate is still climbing and they are pushing to get us our money?? This screen shot is from page 84 of the massive SIGR report.<\/p>\n<p><span style=\"color: #ff0000;\"><strong><br \/>\nBGG<\/strong> <\/span><em>~This is a screen shot from the \u201cSpecial Inspector General for Iraq Reconstruction\u201d \u2013 May 2014, quarterly report to Congress. For members of our Government to say they have no idea what is going on here \u2013 means they haven\u2019t read some very basic documents presented them.<\/em><br \/>\n__________________________________________________<\/p>\n<p>I point out this is a highly speculative investment. We are, in no way, guaranteed anything. However, this SIGR report gives us some valuable insights\u2026<\/p>\n<p>1) This is information given to the US CONGRESS on a quarterly basis (up until the end of July 2012 &#8211; the end of their mission in Iraq) \u2026 I find it hard to believe such a source would intentionally mislead Congress. They tend to frown on such behavior. Which goes directly to the validity of this adventure \u2013 no matter what Wells Fargo or other such naysayers gripe about.<\/p>\n<p>2) It points out there having been a legitimate \u201cplan\u201d \u2013 or time frame in motion\u2026having been projected to be done in 2013. We are obviously in \u201cover time\u201d now.<\/p>\n<p>3) It gives us an idea as to who is in charge\u2026the CoM \u2013 or Council of Ministers. Who do they answer to?? Maliki (during that era &#8211; Abadi now). Period. Historically \u2013 Maliki was a \u201cweak Dinar\u201d policy advocate.<\/p>\n<p>4) Though no guarantee of the actual future plan they wind up engaging \u2013 this report points out an increase in value that would have taken the Dinar from <em><strong>\u201cone-tenth of a cent\u201d<\/strong><\/em> to a value <em><strong>\u201cof slightly less than $1\u2033&#8230;<\/strong><\/em><\/p>\n<p><em><strong>Read More: <a href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">firefly (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article quote:\u00a0 &#8220;<em>In the case of our call deputies in response to attend scheduled to be held during the month of Ramadan, special meeting,\u00a0<span style=\"text-decoration: underline;\">after the issuance of the Federal Court decision\u00a0<\/span>on the two sessions of the parliament in April, we will attend to Baghdad to attend<\/em>.&#8221;<em>\u00a0&#8230;And between, &#8220;we support the House of Representatives in his work<\/em>&#8221;\u00a0\u00a0\u00a0<span style=\"text-decoration: underline;\"><strong>So much for parliament not meeting during Ramadan!\u00a0 Sounds like the Kurds are 100% satisfied and anxious to get it complete.<\/strong><\/span><br \/>\n______________________________________________________________<br \/>\n<strong><span style=\"color: #c23b3b;\">mike (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0 &#8220;<em>Calls for financial reforms of the International Monetary Fund<\/em>&#8221; \u00a0Quote:\u00a0 &#8220;<em>report prepared by experts at the International Monetary Fund said that the\u00a0<span style=\"text-decoration: underline;\">budgets in the Middle East and Central Asia has shifted from surpluses to record large deficit<\/span><\/em>.&#8221;\u00a0\u00a0This is a good article,<strong>\u00a0<span style=\"text-decoration: underline;\">the IMF is stating the obvious, the ME lived in a world of surplus but those days are over, for now.<\/span><\/strong>\u00a0Countries like Saudi Arabia, Qatar and Oman have all slashed their budgets, adding taxes and diversifying away from producing oil alone. These governments can no longer control the messaging and the people through patronage,\u00a0<strong>the private sector is going to have to play a larger role now in these countries.<span style=\"text-decoration: underline;\">\u00a0Along with an open market comes an open country with more power distributed to the people, I&#8217;m looking forward to seeing that happen in Iraq as well.\u00a0<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling (Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0\u2026the question is what more do they have to do to be able to add value to their currency?\u00a0 Is their any laws they need to pass?\u00a0 They want to pass more laws.\u00a0 Now people are going to start looking at the date.\u00a0 They don\u2019t need it.\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">They can revalue today.\u00a0 BUT to make things work correctly and to move thing forward to where there is no competition on&#8230;their agenda\u2026they need to pass some of this stuff<\/span><\/strong>.\u00a0\u00a0<span style=\"text-decoration: underline;\">But they can revalue today<\/span>.\u00a0 We don\u2019t need to look for excuses for them to revalue\u2026that\u2019s there.\u00a0\u00a0<strong>That\u2019s been there since last year.\u00a0 It\u2019s pretty significant<\/strong>.<br \/>\n______________________________________________________________<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\" aligncenter\" alt=\"\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2014\/03\/flashback1.jpg?w=640\" \/><\/p>\n<h2><span style=\"color: #800000;\"><strong>The Exchange Rate of Foreign Currency in Economic Feasibility Studies<\/strong><\/span><\/h2>\n<p>Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars.<\/p>\n<p><strong>Estimate the shadow price of foreign currency:<\/strong><\/p>\n<p><strong>1. It is necessary to put central controls to amend the official exchange rate * to reflect the shadow price of the foreign currency,<\/strong> and that is considered one of the necessary requirements to implement the net discounted present value standard and the internal return rate on investment in the economic calculation stated in the instructions, paragraph nine&#8230;.<\/p>\n<p><em><strong>Read More: <a href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\">http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 Article:\u00a0 &#8220;<em>Oil exports to America has tripled since last January&#8221;\u00a0 Quote:\u00a0 &#8220;Raising the Iraq of the daily production of oil to its highest ever to 4.5 million barrels a day in may, according to research firm estimates&#8230;<\/em>&#8221;\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">RIGHT UNDER OUR NOSES&#8230;IRAQ JACKS UP PRODUCTION TO 4.5 MBPD&#8230;WOW<\/span>!<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">tlm7214 (Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0 Article:\u00a0 &#8220;<em>Keywords: administrative changes &#8220;necessary&#8221; and based on the requirements of the &#8220;urgent&#8221;<\/em>\u00a0\u00a0\u00a0\u00a0<strong>&#8230;not only have they appointed new staff but they also have oversight and a time frame to follow and why is that?\u00a0\u00a0<span style=\"text-decoration: underline;\">because the changes coincided with the international loan for Iraq&#8217;s security and the ongoing developments<\/span><\/strong>&#8230;all tied up nice and neat&#8230;when they were saying early last month that there were no conditions to the loans we knew better&#8230;<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Breitling (Dinar Guru) &#8211;<\/span>\u00a0\u00a0<\/strong>A lot of people been asking me about the auctions because of the articles coming out about it\u2026<span style=\"text-decoration: underline;\"><strong>to stage it correctly I mentioned specifically that when they start toying with the actions and reducing it or getting rid of it that that means our day is coming down the road.<\/strong><\/span>\u00a0\u00a0<span style=\"text-decoration: underline;\">This is exactly what they are talking about.<\/span>\u00a0 Article \u201c<em>Foreign exchange systems have been found to give rise to exchange restrictions and to multiple currency practices<\/em>\u2026\u201d\u00a0 That was the game\u2026they tried to use the auctions to manipulate the value and the supply times velocity of the dinar.\u00a0 They also wanted to control the foreign currency coming in\u2026<span style=\"text-decoration: underline;\"><strong>it\u2019s no coincidence that there is more and more talk about getting rid of the actions<\/strong><\/span>\u2026.<br \/>\n______________________________________________________________<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #008000;\"><strong>\u00a0Dinar Updates \u201cRound Table\u201d Call!!<\/strong><\/span><\/h2>\n<h1 style=\"text-align: center;\"><em><strong><span style=\"color: #0000ff;\">\u201cfor Dinar News \u2013 that MATTERS!!\u201d<\/span><br \/>\n<span style=\"color: #ff0000;\">from 6\/09 &#8211; click-n-listen<\/span><\/strong><\/em><\/h1>\n<h2 style=\"text-align: center;\"><strong><a href=\"http:\/\/d.pr\/a\/ESju\" target=\"_blank\" rel=\"nofollow\">Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">firefly (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Do not be dismayed or frustrated if it doesn&#8217;t happen by the end of this month.<strong>\u00a0Remember, they will never tell us a date until after the fact. Just know it is real and coming!\u00a0 I hate to use soon but yes, VERY soon.\u00a0\u00a0<\/strong>The evidence is right before our eyes&#8230;\u00a0\u00a0<strong>\u00a0<span style=\"text-decoration: underline;\">They would not be going through the process with the IMF, WB, UN, UST, if they had no intentions of fulfilling their end of the agreement.<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">SteveI (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0Topic:\u00a0 &#8220;<em>Iraqi ports apply &#8220;new tariff&#8221; mid-June current<\/em>&#8221;\u00a0 [<em>Raising the cost of goods on the citizens should go over like a lead ballon &#8211;\u00a0<span style=\"text-decoration: underline;\">based on their current purchasing power<\/span><\/em><span style=\"text-decoration: underline;\">&#8230;<\/span>]\u00a0<strong>\u00a0Yes, unless that changes.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">firefly (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0Article quote: \u00a0&#8220;<em>the International Monetary Fund put a date ends on June 15 of the current month to the approval of the Iraqi government on the conditions for granting a loan of $ 5 billion and $400 million.<\/em>&#8221;\u00a0\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">That loan is CONDITIONAL.<\/span>\u00a0 This is why both the IMF and Iraq had to agree on the terms.<\/strong>\u00a0 Like I said, NOTHING else matters to me&#8230;PERIOD.<br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 06-09-16<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3217<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 06-09-2016<\/p>\n<p><strong>The results were as follows:<\/strong><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"4\" align=\"center\">\n<tbody>\n<tr>\n<td bgcolor=\"#6699cc\">DETAILS<\/td>\n<td bgcolor=\"#6699cc\">NOTES<\/td>\n<\/tr>\n<tr>\n<td>Number of banks<\/td>\n<td>32<\/td>\n<\/tr>\n<tr>\n<td>Number of remittance companies<\/td>\n<td>18<\/td>\n<\/tr>\n<tr>\n<td>Auction price selling dinar \/ US$<\/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>142,409,372<\/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>142,409,372<\/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;\">tlm724 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0 &#8220;<em>The General Company for Ports of Iraq, decided to apply the list of tariff revenues and new wages for 2016 as of June 15 this&#8230;<\/em>&#8221;\u00a0\u00a0\u00a0<span style=\"text-decoration: underline;\"><strong>\u00a0&#8220;new tariff&#8221; mid-June\u00a0<\/strong><\/span>\u00a0*wolfwhistle*\u00a0 thats pretty *mission*.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Bruce (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0<strong>\u00a0Everything was ready to go today.<\/strong>\u00a0 Lead bank was ready to go. We heard this earlier today.\u00a0<strong>We know that it\u2019s right there<\/strong>.\u00a0 Heard that rates at US banks were frozen on the screens last night, unfrozen this morning, may freeze again tonight. Redemption centers are doing final security checks&#8230;<strong>Rates will be highest first 6 days and difference will be substantial. Staggering difference in rates after day 6.<\/strong>Almost 7,000 redemption centers, so 6 days should be plenty of time to exchange all of us.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0&#8230;THE 2010 CUSTOMS TARIFFS WAS NEVER IN QUESTION OF BEING EXECUTED THIS YEAR NOT ONLY BECAUSE WRITTEN INTO BUDGET&#8230;AND IMPORTANT INITIATIVE IN IMF LOI&#8230;<strong>BUT NECESSARY TO BE GATT COMPLIANT IF THEY ASPIRE TO BE GATT COMPLIANT FOR WTO ACCESSION&#8230;<\/strong>GATT STANDS FOR &#8230;GENERAL AGREEMENTS ON TARIFFS AND TRADE.<br \/>\n______________________________________________________________<\/p>\n<h2><strong>For a peek at all the most up-to-date DU News &#8211; check the Iraq News Thread (in the forum)&#8230;<\/strong><\/h2>\n<p><strong><a href=\"http:\/\/www.dinarupdates.com\/forumdisplay.php?5-Current-Iraq-NEWS\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.dinarupdates.com\/forumdisplay.php?5-Current-Iraq-NEWS<\/a><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Backdoc (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">THE TARIFFS GET IMPLEMENTED ON THE BOARDERS ON THE 15TH IN IRAQ! \u00a0THE LOAN IN IRAQ WITH THE IMF IS IMPLEMENTED ON THE 15TH!<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0 Article:\u00a0 &#8220;<em>We will attend the special meeting: Kurdistan is invited to attend<\/em>&#8221;\u00a0 Quote:\u00a0 &#8220;<em>The Kurdistan Alliance, announced Thursday that he would attend the special meeting to be held during the holy month of Ramadan, in case it has been invited to attend.<\/em>&#8221;\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">\u00a0SO KURDS ARE ON RECORD OF ATTENDING SPECIAL SESSIONS DURING RAMADAN IF CALLED<\/span>&#8230;.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Backdoc (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0<strong>\u00a0COUNTRIES SEEM TO BE ALREADY USING THEIR RATE CHANGES BEFORE\u00a0 IT GETS TO US!<\/strong>\u00a0\u00a0 &#8230;THEY PUT 80% OF THEIR DEBT IN DOLLARS&#8230;AND&#8230;THEY CALLED IT A CLEVER MOVE?\u00a0 WELL HERE&#8217;S WHY!\u00a0\u00a0<strong>THEY GET A HIGHER SOVEREIGN VALUE FOR THEIR CURRENCY NOW AND THEY CAN USE THAT CASH TO EXTINGUISH THE MONOPOLY MONEY DOLLARS!\u00a0<\/strong>HEE HEE.\u00a0<strong>\u00a0THE INTERESTING THING IS THEY ARE DOING IT ALL BEFORE IT EVEN HITS THE STREETS, OR AT LEAST SOME OF IT NOW!\u00a0<\/strong>\u00a0HOLY COW! AMAZING!\u00a0\u00a0 THEY CAN ONLY PLAY HIDE AND SEEK SO LONG&#8230;THIS COUNTRY TO COUNTRY STUFF HAS TO COME TO AN END! \u00a0ITS TIME TO MAKE THE DONUTS BOYS AND LET THE PUBLIC GAMES BEGIN!\u00a0\u00a0PRIVATE SECTOR LAUNCH PLEASE, AND NO LATER THAN MID-MONTH THANK YOU!<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=12309\">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":[3,24,17,5,18,6,7,26,23,4,21,20,22,25,19,14,9],"class_list":["post-12309","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-news","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-3cx","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12309","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=12309"}],"version-history":[{"count":2,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12309\/revisions"}],"predecessor-version":[{"id":12311,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/12309\/revisions\/12311"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}