{"id":12331,"date":"2016-06-21T11:07:07","date_gmt":"2016-06-21T16:07:07","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12331"},"modified":"2016-06-21T18:37:55","modified_gmt":"2016-06-21T23:37:55","slug":"dinar-observer-daily-june-21st","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12331","title":{"rendered":"DINAR OBSERVER DAILY June 21st"},"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
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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>\n1339.442<\/td>\n1338.773<\/td>\n<\/tr>\n
British pound<\/td>\nGBP<\/td>\n1728.439<\/td>\n1727.574<\/td>\n<\/tr>\n
Canadian dollar<\/td>\nCAD<\/td>\n922.933<\/td>\n922.471<\/td>\n<\/tr>\n
Swiss franc<\/td>\nCHF<\/td>\n1231.122<\/td>\n1230.506<\/td>\n<\/tr>\n
Swedish krona<\/td>\nSEK<\/td>\n143.513<\/td>\n143.441<\/td>\n<\/tr>\n
Norwegian krone<\/td>\nNOK<\/td>\n143.141<\/td>\n143.069<\/td>\n<\/tr>\n
Danish krone<\/td>\nDKK<\/td>\n180.131<\/td>\n180.041<\/td>\n<\/tr>\n
Japanese yen<\/td>\nJPY<\/td>\n11.295<\/td>\n11.289<\/td>\n<\/tr>\n
Special
\nDrawing Rights<\/td>\n		SDR<\/td>\n1675.237<\/td>\n1674.399<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

Indicative rates – 06.21.2015<\/strong><\/h2>\n

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Reading furnishes the mind only with materials of knowledge; it is thinking that makes what we read ours. – John Locke<\/em><\/span><\/h1>\n

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

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rcookie (Dinar Guru) – <\/span><\/strong>\u00a0\u00a0 Article:\u00a0 “Jubouri calling for the amendment of the Banking Act and the formation of a financial court<\/em>”\u00a0 THIS WAS A BANKING ASSOCIATION CONFERENCE…WITH JABOURI ATTENDING AND ASSERTING NEED TO AMEND THE BANKING ACT IN PRIVATE BANKING SECTOR…\u00a0SO WE KNOW WE NEED PUBLIC FINANCIAL MANAGEMENT LAW…2016 BUDGET LAW…CBI LAW…BANKING LAW…AND TWEAKING TO INVESTMENT LAW UPON PARLIAMENTS RETURN..<\/span>.<\/strong>\u00a0 [When would the next scheduled session for parliament be?<\/em>]\u00a0\u00a0THE 28TH<\/span>…UNLESS EMERGENCY SESSION CALLED…THATS WHEN FED COURT HEARS 2 PARL SESSION LAWSUIT.<\/strong>
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Millionday\u00a0(Dinar Guru) – <\/span><\/strong>\u00a0 HERE IS AN INTERESTING POINT MADE BY CBI ADVISOR THAT I LIKE AND YOU WILL TOO…\u00a0\u00a0“He said the ” policy adopted by the Central is the emphasis on banks to make sure the money provided sources for the purchase of the dollar that is…he explained that” the other side,\u00a0which emphasizes the central bank is trying to reconcile the preservation of foreign reserves requirements has reconciled with the market price to ensure the stability of the Iraqi dinar exchange rate against foreign currencies as an important function of the central bank.<\/span><\/em>\u00a0” \u00a0IN OTHER WORDS THEY ARE COMPLYING TO BASEL AND APPLYING THE CBI INITIATIVE WHILE ENSURING THAT THE BANKS FOLLOW THE RULES —\u00a0INTERNATIONAL RULES<\/span>.<\/strong>
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

\"follow<\/a>Don’t MISS – “NEWS TIME” w\/RCookie and Mr White in DU CHAT ROOM – Wednesday 7:30pm EST<\/span><\/strong><\/h2>\n

www.DinarUpdates.com<\/a> – save as favorite!<\/strong><\/h2>\n

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Dr. Clark (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0\u00a0…this thing\u2019s going to be over by the end of September – for both Iraq & Vietnam<\/strong>, in our estimation. From now till then, will be the most exciting ride of your life – each day, day by day, watch it get better and better…<\/p>\n

BGG ~ More big predictions… and this B.S. of putting Iraq in the same boat as Vietnam is utter NONSENSE.<\/em><\/span><\/h2>\n

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tlm724 (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 Article:\u00a0\u00a0“World Bank: The new labor law in Iraq, acknowledged the international world-class<\/em>”\u00a0 Quote:\u00a0 “the World Bank, said on Sunday that the new labor law in Iraq<\/span>, acknowledged the international world-class sought the World Bank to be transferred to Iraq.<\/em>”\u00a0 \u00a0*hallelujah*\u00a0 I’m loving the WB right now…thats exactly what Iraq needed, someone to hold their hand and talk them through these complicated laws!<\/strong>
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Dr. Clark (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0\u00a0The VN Dong, is ready RIGHT NOW<\/strong>. They\u2019re waiting on guess who? The U.S. through the IMF, to give them the green light.\u00a0Why was Obama in VN for 3 days, 2 weeks ago? Why was the IMF in VN for 3 days a month earlier? Why is VN in the TPP?\u00a0\u00a0\u00a0…Same type deal as Iraq.\u00a0 Iraq + VN = lots of money and success…<\/strong><\/p>\n

BGG ~ More B.S.<\/em><\/span><\/h2>\n

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Iraq: the agreement with the IMF is going according to plan<\/span><\/h1>\n

Economy News \/ Continue …<\/strong>\u00a0Prime Minister fiscal policy adviser said the appearance of the benefit, if Iraq agreed to request the International Monetary Fund to provide loans that will help the country to overcome the crisis in liquidity resulting from the drop in oil revenue measures.<\/p>\n

Saleh said in remarks followed up “the economy News” that the agreement reached last month between Iraq and the International Monetary Fund is going according to planned…
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Millionday (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 Article quote:\u00a0“<\/strong>there are a lot of important laws , which should be approved by the House of Representatives , especially the amnesty Federal service laws in addition to the Federal Council Service Act, particularly the oil and gas law, which was deferred from previous sessions<\/em>.”\u00a0\u00a0\u00a0PARLIAMENT SESSIONS ARE ONGOING — NOT ON VACATION BUT ON GOING FOR RESOLVE…OIL AND GAS LAW CHANGES MADE — GOING TO WORKING PARLIAMENT<\/strong>…OBVIOUSLY THIS IS WHY THEY ARE WORKING AROUND THE CLOCK…ALL CHANGES HAVE TO BE SENT AT THE SAME TIME — THE GOAL IS TO ADDRESS ALL LAWS AT THE SAME TIME…ACCORDING TO CBI STATEMENT THE GOAL IS TO HAVE ALL IN PLACE WITH BANKS AND EXCHANGE RATES BY THE END OF JUNE<\/strong><\/span>\u00a0BUT THIS IS IRAQ SO WE WAIT — NO GUARANTEES.
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rcookie (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 [Cause its going to be worth a he– of a lot more thats why!<\/em>\u00a0]\u00a0\u00a0IT IS…<\/strong>\u00a0\u00a0ESPECIALLY WHEN SOME OF THE SMALLER POLITICIAN CONTROLLED BANKS WERE CAPITALIZED WITH $7 MILLION AND ARE NOW RAISING TO $25 MILLION…THAT IS ALMOST 400%…\u00a0 AND REMEMBER WE HAVE IN INK THAT THE CBI IS INCREASING THIS CAPITALIZATION OF THE 1ST $25 MILLION…BY JUNE 30TH<\/span><\/strong>…TO ALL BANKS…AND FOR THOSE QUESTIONING…THE EXCHANGE RESTRICTIONS STATUS TOWARDS ARTICLE VIII…THERE ARE NOOOOOOO PROHIBITIVE EXCHANGE RESTRICTIONS OR MCP’S!<\/strong>\u00a0\u00a0 [post 2 of 2]
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\"!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA\"<\/a><\/h2>\n

Be sure to join the New Dinar Updates \u201cprivate\u201d FaceBook Group\u2026<\/span><\/h2>\n

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

(go here and ask to join\u2026 then add some Dinar Friends!!)<\/strong><\/em>
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Delta (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0<\/span>\u00a0Abadi is doing a lot of good things.\u00a0 Saleh says that things are going \u201caccording to planned\u201d The LOI is going \u201caccording to planned\u201d…\u00a0 The HCL was basically hidden from the citizens for a long-long time…but now is becoming more of a vocal topic.\u00a0\u00a0Iraq has 50 Billion in RESERVES…plus a mountain of GOLD!<\/strong>\u00a0 So…let\u2019s see what happens in the next 2-3 weeks. Let\u2019s see what happens with the Taxes and Tariffs.\u00a0\u00a0The IMF promised…that they\u2019d have Iraq to \u201cInternational\u201d status.\u00a0 Did you know that B of A, and Chase are all buying IQD on international trading platforms.\u00a0<\/strong>\u00a0Citibank is now doing it too.\u00a0<\/strong>There are too many fail-safe systems in place.\u00a0To MOVE the IQD around the INTERNATIONAL WORLD…they must undock it from a PROGRAM RATE!\u00a0 Iraq WILL NOT fail this time!…IMO.\u00a0 \u00a0In the still of the night, they will raise their currency.\u00a0\u00a0<\/strong>\u00a0[post 2 of 2]
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Delta (Dinar Guru) –<\/span>\u00a0<\/strong>\u00a0 The federal police, Interpol are arresting a lot of people inside of Iraq…particularly in certain cities. It is part of the anti-terrorism campaign.\u00a0 The anti-terrorism was needed inside of the GOI.\u00a0Lots of countries have been helping Iraq to get back on the grid with full electricity.\u00a0 The IMF wants the banks in certain cities to be completely secure…which all lead to Mosul.\u00a0 They said that they are within weeks.<\/strong>\u00a0Do you think the banks are ready in these cities?\u00a0 Give me Mosul…(I couldn\u2019t be any more plain than that).\u00a0\u00a0You won\u2019t see anything until you see Mosul! IMO…you won\u2019t put lower-denoms into banks with ISIS still around.\u00a0<\/strong>\u00a0[post 1 of 2….stay tuned]
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Iraqi trade talks with Citibank to develop relations<\/span><\/h1>\n

\"\"BAGHDAD – Qusay, Monzer –<\/strong> Search Director General of the Trade Bank of Iraq, Faisal Sam Alheims with Conception Flannery, Managing Director of the Office of Citibank in Iraq examine how which will develop and strengthen banking relations and financial exchanges between Citibank and the Trade Bank of Iraq, as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world). He said a statement received (time) yesterday that (the meeting between the two sides is part of the bank’s policy of developing relations with major international banks and financial institutions around the world and the recruitment and use these relations to serve the customers the bank and the provision of advanced banking services on a global level and to meet the development and reconstruction requirements the reconstruction of areas affected by the terrorist attacks)…<\/p>\n

Read More: http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/p>\n

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rcookie (Dinar Guru) –<\/span><\/strong>\u00a0 Article quote:\u00a0 “…It revealed the Integrity Commission, on Sunday, the seizure of its teams to a group of members of the collection of amounts passenger transport at Basra International Airport, in the act of a crime acquisition of public money.<\/em>” \u00a0\u00a0HERE FOLKS GETTING POPPED TRYING TO GET OUT OF THE COUNTRY WITH CURRENCY THROUGH BASRA AIRPORT…BILLIONS OF DINARS AND OTHER FOREIGN CURRENCY<\/strong>…NOW LET ME ASK YOU…YOU’RE AND IRAQI CROOK…READY TO TAKE IT ON THE LAMB AND GET OUT OF DODGE AND ESCAPE PROSECUTION AND AUTHORITIES…\u00a0WHY WOULD YOU TAKE THE TIME TO SMUGGLE OUT A CURRENCY VALUED AT A TENTH OF A PENNY OUTSIDE OF IRAQ<\/span>…\u00a0<\/strong>\u00a0 [post 1 of 2….stay tuned]
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Mailman17 (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 CONTRARY TO SOME RECENT POSTS, AS FAR AS THE IMF AND IRAQ RELEASING THE RATE IN MID JULY, AGAIN\u00a0WE MUST REITERATE WHAT SHABS HAS SAID IN THE PAST. IRAQ WILL NOT RELEASE IN THE MIDDLE OF ANY QUARTER AND\u00a0THE IMF AGREEMENT FOR THE LOANS CLEARLY STATE BY…AND I REPEAT BY MID YEAR…MID YEAR AND THE START OF THAT IS JULY 1.\u00a0<\/span>\u00a0\u00a0<\/strong>ALSO PLEASE REMEMBER THE NEWS WE GET MOST LIKELY IS DAYS IF NOT A WEEK OLD, WITH MOSUL BEING THE FINAL SECURITY PUZZLE PIECE.\u00a0I ANTICIPATE THE RATE, WHATEVER IT MAY BE TO BE OUT BY JULY 1, THAT IS GOING BY WHATS IN INK. I SAID MANY YEARS AGO, THEIR FINANCES ALWAYS DICTATED A 1-<\/span>1, WITH THE RATE MOST LIKELY BEING A MANAGED FLOAT.<\/strong>FINGERS CROSSED AS TO IRAQ HAVING THEIR CRAP TOGETHER. I HAVE NOT SEEN ANY NEGATIVE NEWS, ONLY SMOKE AS TO THEIR INTENTIONS. LETS SEE WHAT HAPPENS. AS ALWAYS…JMO
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Dinar Updates \u201cRound Table\u201d Call!!<\/strong><\/span><\/h2>\n

\u201cNO KOOLAIDE!!\u201d<\/span>
\n6\/16 – LIVE CALL w\/Q&A!!
\n7:30pm CST – 641-715-3640\u00a0<\/span><\/strong><\/em>pin#570743<\/span><\/strong><\/em><\/h1>\n

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

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Dr. Clark (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0<\/span>\u00a0If it does not happen by 17th – we\u2019d say there\u2019s a 20% chance by 17th.\u00a0 No, this is NOT about Mosul. Mosul is important, but it\u2019s just ONE Piece of this puzzle. It\u2019s a good one, but not the whole enchilada by a long shot.\u00a0By August 14, you\u2019re going to see a major Political change in Iraq, that will lay the foundation for when we REALLY expect the official raising of the rate in Iraq to be. In fact, we think there\u2019s a 99% probability that Iraq will raise their rate the LAST WEEK OF SEPTEMBER, and it will be well over $3.00 exchange rate outside the country, and closer to $4.00.\u00a0<\/strong>\u00a0It\u2019s all about to go down in Iraq. But not in June, perhaps in JULY, Better in August and BINGO IN SEPTEMBER…\u00a0\u00a0 [post 2 of 2]<\/p>\n

BGG ~ Fairy Tale… complete jibberish…<\/em><\/span><\/h2>\n

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Dr. Clark (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 [new Guru]\u00a0\u00a0 How long will it be before Iraq gets the green light from the IMF, to officially raise the rate? (really the U.S. committee).\u00a0\u00a0It WON\u2019T be in JUNE. We know this for a fact.<\/strong>\u00a0However, there is a big, solid, huge piece of information that\u2019s coming out in the next 5 days – by next Wednesday June 22, that will give you a massive shot in the arm, with factual information, as to how REAL this is, and a new indicator of timing.\u00a0That timing, from what we know, has a shot – a probability – a good chance of a rate increase, by JULY 17th, especially that week leading up to the 17th.<\/strong>\u00a0\u00a0\u00a0Forget about what the IMF indicated \u201cby the 1st half of 2016\u201d.<\/span>\u00a0\u00a0 It\u2019s irrelevant. Things are going to start speeding up BIG TIME, after next Wed (22nd).\u00a0 BIG TIME.\u00a0 Lots of momentum…\u00a0\u00a0<\/strong>[post 1 of 2….stay tuned]
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Iraqi Dinar\/Dollar auction (most recent listing) 06-16-16<\/strong><\/span><\/h2>\n

Currency Auctions Announcement No. 3222<\/strong><\/p>\n

This daily currency auction was held in the Central Bank of Iraq on the 06-16-2016<\/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>\n17<\/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$)<\/td>\n132,094,500<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n132,094,500<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/td>\n—–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

More: http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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Millionday (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 Article quote:\u00a0 “Director General of the Trade Bank of Iraq, Faisal Sam Alheims with Conception Flannery, Managing Director of the Office of Citibank in Iraq examine how which will develop and strengthen banking relations and financial exchanges between Citibank and the Trade Bank of Iraq, as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world)<\/em>”\u00a0\u00a0\u00a0SO OBVIOUSLY THIS IS THE MEETING…TO REMOVE THE BARRIERS THAT KEEP THE DINAR FROM BEING INTERNATIONALLY RECOGNIZED<\/span>\u00a0<\/strong>— NOT BAD AT ALL — WHOOOPOW
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rcookie (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0<\/span>\u00a0 THE WORLD BANK REVIEWED ALL OF THE OIL LICENSING CONTRACTS BACK IN NOVEMBER…MANY OF WHICH WERE REWRITTEN SO TO ADDRESS PAYMENTS OF ARREARS AND NEW PARAMETERS GOING FORWARD…BACK THEN ALMOST EVERY SINGLE OIL COMPANY WAS ANNOUNCING THE SCALED BACK REDUCTION TO OIL DEVELOPMENT PROJECTS IN IRAQ…LAST WEEK ALONE…LUKOIL ANNOUNCED…THAT THEY HAVE BEEN PAID…THEY ARE DOUBLING PRODUCTION AND INVESTMENT IN IRAQ.<\/strong>..OIL WILL ALWAYS A DRIVING FORCE IN IRAQ…BUT REMEMBER THE 20 BILLION EURO PORT OF FAW PROJECT ALONE…IS FORECAST TO CREATE MORE JOBS AND REVENUES TO THE GDP THAN THE CURRENT OIL SECTOR NUMBERS..
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SIGR Report Recap (Flashback)…<\/strong><\/span><\/h2>\n

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

\"\"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


\nBGG<\/strong> <\/span>~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>
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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

1) This is information given to the US CONGRESS on a quarterly basis (up until the end of July 2012 – 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

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

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 – Abadi now). Period. Historically \u2013 Maliki was a \u201cweak Dinar\u201d policy advocate.<\/p>\n

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 \u201cone-tenth of a cent\u201d<\/strong><\/em> to a value \u201cof slightly less than $1\u2033…<\/strong><\/em><\/p>\n

Read More: http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em>
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Poppy3 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0…RV…NEW RATE HAPPENING VERY SOON I CAN FEEL IT. \u00a0\u00a0<\/strong>COMPLETE CONFIDENCE.
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tlm724 (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 Article:\u00a0 “Parliamentary Regions: …edit Fallujah gave the message “positive” and the key for the Liberation of Mosul<\/em>”\u00a0\u00a0 Quote:\u00a0 “…liberalization of Fallujah gave a positive message on the relations and ties and the overall political process is the key to the liberation of Mosul<\/em>.”\u00a0\u00a0\u00a0now thats great news!!\u00a0\u00a0they have to work together to get Mosul cleared as well!<\/span><\/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":"

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