{"id":12436,"date":"2016-07-22T10:07:09","date_gmt":"2016-07-22T15:07:09","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12436"},"modified":"2016-07-22T10:09:32","modified_gmt":"2016-07-22T15:09:32","slug":"dinar-observer-daily-july-22nd","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12436","title":{"rendered":"DINAR OBSERVER DAILY July 22nd"},"content":{"rendered":"<p><span style=\"color: #008000;\"><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><\/span><\/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-dfw1-1.xx.fbcdn.net\/v\/t1.0-9\/13769518_10204792161243923_8485872648998138180_n.jpg?oh=816026c2560279ab50baaf05eaa591a2&amp;oe=58177D85\" width=\"498\" height=\"332\" \/><\/p>\n<h1><span style=\"color: #008000;\"><em>Mrs. BGG<\/em><\/span><\/h1>\n<p>______________________________________________________________<\/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\">1306.465<\/td>\n<td align=\"center\">1305.811<\/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\">1564.141<\/td>\n<td align=\"center\">1563.359<\/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\">910.351<\/td>\n<td align=\"center\">909.896<\/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\">1201.342<\/td>\n<td align=\"center\">1200.741<\/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\">&#8212;&#8211;<\/td>\n<td align=\"center\">&#8212;&#8211;<\/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\">139.540<\/td>\n<td align=\"center\">139.470<\/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\">175.632<\/td>\n<td align=\"center\">175.544<\/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\">&#8212;&#8211;<\/td>\n<td align=\"center\">&#8212;&#8211;<\/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\">1641.597<\/td>\n<td align=\"center\">1640.776<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><strong>Indicative rates &#8211; 07.22.2015<\/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>A man&#8217;s rights rest in three boxes. The ballot box, jury box and the cartridge box. &#8211; Frederick Douglass<\/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 &#8211; &#8220;DU NEWS TIME&#8221; w\/BGG in DU CHAT ROOM &#8211; Friday 7:30pm EST<\/span><\/strong><\/h2>\n<h2><strong><a href=\"http:\/\/www.dinarupdates.com\/\" target=\"_blank\" rel=\"nofollow\">www.DinarUpdates.com<\/a> &#8211; save as favorite!<\/strong><\/h2>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0Article:\u00a0&#8220;<em>Exchange rate and disinformation&#8230;Mohammed Sharif Abu Mayssam<\/em>&#8221;\u00a0Quote:\u00a0 &#8220;<em>&#8230;repeated calls by some observers to call for the lifting of the dinar exchange rate against foreign currencies, to the extent that some of those claims up by making the value of the dinar equivalent to one dollar&#8230;<\/em>&#8221;\u00a0\u00a0\u00a0WOW!..A LOT GOING ON HERE!\u00a0\u00a0<strong>\u00a0BRINGING PARALLELS TO FOREIGN RESERVES VALUE RELATIVE TO CURRENT IQD VALUE RATIO<\/strong>&#8230;AND WARN OF GUARDING AGAINST THEORIES SUPPORTING THAT AS THE ONLY OR MOST IMPORTANT MARKER&#8230;<strong>AND GUARD AGAINST OVERVALUING AGAINST CURRENT IMPORT STATUS FOR TRADE CONSIDERATIONS<\/strong>&#8230;THAT AUTHOR&#8230; MAYSSAM IS A VERY WELL RESPECTED ECONOMIST WRITER FOR ALSABBAH&#8230;BUT MANY OF THE POINTS MADE ARE SHARED BY MANY IRAQI ECONOMISTS&#8230;<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">tlm724 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 &#8220;<em>IMF News: Can you explain the significance of maintaining the Iraqi Dinar\u2019s peg to the U.S. dollar?&#8221;\u00a0\u00a0 &#8220;<span style=\"text-decoration: underline;\">IMF says no reason to devalue Iraqi Dinar<\/span><\/em>&#8220;.\u00a0\u00a0\u00a0<strong>I found the direct quote by the IMF mission chief for Iraq Christian Josz on July 14, 2016 on the IMF site&#8230;<\/strong><br \/>\n______________________________________________________________<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #008000;\"><strong>Dinar Updates \u201cThe After Call &#8211; ReDux\u201d!!<\/strong><\/span><\/h2>\n<h1 style=\"text-align: center;\"><em><strong><span style=\"color: #0000ff;\">\u201cImmediately following News Time!!\u201d<\/span><br \/>\n<span style=\"color: #ff0000;\">from 7\/18 &#8211; &#8220;After Call&#8221; w\/Q&amp;A!!<\/span><\/strong><\/em><\/h1>\n<h2 style=\"text-align: center;\"><strong><a href=\"http:\/\/d.pr\/a\/196Pj\" target=\"_blank\" rel=\"nofollow\">Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">wmawhite (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>\u00a0&#8220;<em>IRAQI STOCK EXCHANGE LOOKING FOR INVESTMENT PROMOTION AFTER DISCUSSING ROLE OF RULES FOR CORPORATE GOVERNANCE&#8230;<\/em>&#8221;\u00a0\u00a0<strong>This is truly preparing for opening the ISX for\u00a0<span style=\"text-decoration: underline;\">international investors<\/span>.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><span style=\"color: #c23b3b;\">\u00a0<\/span><\/strong>\u00a0 &#8220;<em>IRAQI STOCK EXCHANGE LOOKING FOR INVESTMENT PROMOTION AFTER DISCUSSING ROLE OF RULES FOR CORPORATE GOVERNANCE&#8230;<\/em>&#8221;\u00a0\u00a0 &#8220;<em>&#8230;TO INCREASE FOREIGN INVESTMENT IN ISX AND COMMUNICATING DATA TO MARKETPLACE AND LAUNCHING A REAL TIME ONLINE TRADING PLATFORM<\/em>&#8230;&#8221;\u00a0 T<strong>HIS IS ABSOLUTELY HUGE&#8230;!<\/strong>\u00a0 DATA SERVICES CENTER FOR DISSEMENATION OF INVESTMENT AWARENESS!&#8230;SEC EXPERTS COMING TO TOWN&#8230; OPERATIONAL PERFORMANCE OF BANKS&#8230;WOW.<strong>\u00a0 DO YOU THINK THAT HAS ANYTHING TO DO WITH THE WORKSHOP ON 26-28 ON ICAAP&#8230;IN SYRIA&#8230;IT IS ALL COMING TOGETHER FOLKS.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Delta (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0FROM IRAQI TV:\u00a0 &#8220;J<em>ohn Kerry praises at a news conference with Iraqi Prime Minister Haider al-Abadi , but said &#8221; we would like to see some reforms faster<\/em>\u00a0.&#8221;<strong>\u00a0\u00a0<span style=\"text-decoration: underline;\">EVEN JOHN KERRY WANTS ABADI TO MOVE FASTER.<\/span><\/strong>\u00a0[<em>It&#8217;s my understanding that we are sending 500 more troops over there<\/em>&#8230;] \u00a0US PRESENT IN IRAQ IS VERY IMPORTANT, ABADI KNOWS THAT.\u00a0<strong>ABADI WILL GET THE REFORM DONE, AND I BELIEVE HE IS WAITING FOR THE RIGHT TIMING&#8230;ALSO REMEMBER THE US WILL HELP THEM TO START THE FINANCIAL REFORMS IN THE CBI.<\/strong>\u00a0IMO STARTNG NEXT WEEK WE SHOULD SEE SOME ACTION TAKING PLACE.<br \/>\n______________________________________________________________<\/p>\n<h2><a href=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA.jpg\" target=\"_blank\" data-cke-saved-href=\"http:\/\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" alt=\"!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA\" src=\"https:\/\/i0.wp.com\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA.jpg?resize=611%2C128\" width=\"611\" height=\"128\" data-cke-saved-src=\"http:\/\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/01\/cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA.jpg\" \/><\/a><\/h2>\n<h2><span style=\"color: #800000;\">Be sure to join the New Dinar Updates \u201cprivate\u201d FaceBook Group\u2026<\/span><\/h2>\n<p><em><strong><a href=\"https:\/\/www.facebook.com\/groups\/571383766355188\/\" target=\"_blank\" data-cke-saved-href=\"https:\/\/www.facebook.com\/groups\/571383766355188\/\">https:\/\/www.facebook.com\/groups\/571383766355188\/<\/a><\/strong><\/em><\/p>\n<p><em><strong>(go here and ask to join\u2026 then add some Dinar Friends!!)<\/strong><\/em><\/p>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Aggiedad77 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 &#8230;some folks are getting anxious for conclusive action&#8230;but I for one continue to give Abadi a great deal of credit for the effort and work he has put into Iraq as their leader&#8230;<strong>Abadi is fighting war on many fronts, not just with DAASH\/ISIS, but with major corruption in all areas of Iraq<\/strong>, and especially so with some higher level government officials who do not want to see their little kingdoms broken down, so they fight him every step of the way&#8230;he&#8217;s still got the likes of Maliki&#8230;he has to contend with Iran&#8230;all in all he&#8217;s doing better than most want to give him credit for&#8230;hard-headed, shrewd, and very smart&#8230;he is&#8230;<span style=\"text-decoration: underline;\"><strong>he now has the resignations of those who may have been pushing against him&#8230;and he has the opportunity to insert those technocrats he wanted to start with<\/strong><\/span>&#8230;Let&#8217;s hope they hit the ground running&#8230;<strong>my opinion about Mosul&#8230;it&#8217;s coming&#8230;and I&#8217;m thinking it won&#8217;t take until October to start things&#8230;in all likelihood things will be done by October&#8230;IMO.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">mike (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0\u00a0<\/span><strong><span style=\"text-decoration: underline;\">B- Moody&#8217;s credit rating and all the other stuff just screams that Iraq isn&#8217;t handling their business right now.<\/span>\u00a0<\/strong>\u00a0Here&#8217;s hoping the IMF leverages the billions they&#8217;re giving Iraq to change their ways and move this country forward. No more money unless you conform. Period.\u00a0<strong>At least the plan is still in play, we just need the politicians to&#8230;get to work.\u00a0<\/strong>\u00a0[post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">mike (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0Article:\u00a0 &#8220;<em>America Announces more than two billion dollars to collect the donor conference for Iraq<\/em>&#8221; \u00a0 For years I&#8217;ve heard about the vast wealth of Iraq and yet, here we are, throwing donor conferences and raising $2.1 billion dollars for these folks.\u00a0<strong>They&#8217;ve already borrowed against their SDR holdings and the IMF is loaning an additional $5.5 billion over the next three years.<\/strong>\u00a0These guys don&#8217;t look so wealthy to me. In fact, they look broke as hell. \u00a0<strong>It&#8217;s clear the interest the US and other western countries show Iraq has nothing to do with making money.\u00a0<span style=\"text-decoration: underline;\">It&#8217;s more about keeping them from sliding down the slippery slope of corruption and greed and dragging the whole ME down with them<\/span>.<\/strong>\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 07-19-16<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3242<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 07-19-2016<\/p>\n<p><strong>The results were as follows:<\/strong><\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"4\" align=\"center\">\n<tbody>\n<tr>\n<td bgcolor=\"#6699cc\">DETAILS<\/td>\n<td bgcolor=\"#6699cc\">NOTES<\/td>\n<\/tr>\n<tr>\n<td>Number of banks<\/td>\n<td>29<\/td>\n<\/tr>\n<tr>\n<td>Number of remittance companies<\/td>\n<td>16<\/td>\n<\/tr>\n<tr>\n<td>Auction price selling dinar \/ US$<\/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>146,727,081<\/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>146,727,081<\/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;\">wmawhite (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0\u00a0\u00a0 Article:\u00a0 &#8220;<em>LEGAL EXPERT STATES CONSTITUTION DOES NOT ALLOW FOR QUESTIONING OF MINISTERS WHO HAVE HAD RESIGNATIONS ACCEPTED<\/em>&#8230;&#8221;\u00a0<strong>\u00a0 Yep&#8230;if you don&#8217;t want to be questioned&#8230;get the heck out of Dodge&#8230;resign.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>Article:\u00a0 &#8220;<em><span style=\"text-decoration: underline;\">ABADI ACCEPTED SHARASTINI RESIGNATION TODAY<\/span>\u2026<\/em>&#8221;\u00a0\u00a0\u00a0<span style=\"text-decoration: underline;\"><strong>NEWS THAT ABADI WILL BE ADDRESSING REPLACING RESIGNATION POSITIONS NEXT WEEK.<\/strong><\/span>\u00a0 Article:\u00a0 &#8220;<em>LEGAL EXPERT STATES CONSTITUTION DOES NOT ALLOW FOR QUESTIONING OF MINISTERS WHO HAVE HAD RESIGNATIONS ACCEPTED&#8230;<\/em>&#8221;\u00a0 THERE IT IS&#8230;SOME UNDERPINNINGS TO THESE 7 RESIGNATIONS IN THE LAST 2 DAYS&#8230;<strong><span style=\"text-decoration: underline;\">IF RESIGNATIONS ACCEPTED &#8230;CANT BE QUESTIONED BY PARLIAMENT.\u00a0<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0\u00a0\u00a0 &#8230;companies are agreeing with them and signing contracts&#8230;\u00a0 as an international company&#8230;we will come in&#8230;we will follow all your rules and laws and regulations that you want&#8230;with your banks&#8230;your currency&#8230;your government&#8230; your everything\u2026<strong>but we want our rate of return to be equal or at least profitable&#8230;and at a program rate we would lose money&#8230;<span style=\"text-decoration: underline;\">IMO&#8230;the majority of the contracts&#8230;are set to expire sometime around October<\/span>.\u00a0<\/strong>\u00a0The auctions will end\u2026the multi-currency policy will end&#8230;and it is ending&#8230;<span style=\"text-decoration: underline;\"><strong>The auctions&#8230;the multi-currency policy&#8230;the MCP&#8230;and the rate&#8230;increasing must all occur together<\/strong><\/span>&#8230;And for people who say&#8230;I don\u2019t see&#8230;advancement&#8230;I don\u2019t see anything good going on&#8230;are you kidding me.\u00a0\u00a0 [post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 07-17-16<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3240<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 07-17-2016<\/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>27<\/td>\n<\/tr>\n<tr>\n<td>Number of remittance companies<\/td>\n<td>16<\/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>134,652,143<\/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>134,652,143<\/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;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 \u00a0\u00a0The United Nations did not meet in April or May&#8230;it bummed us out because it gave us less hope for&#8230;July..<strong><span style=\"text-decoration: underline;\">.but we are excited because the UN is meeting with Iraq now.<\/span><\/strong>..<strong>IMO&#8230;they are meeting with Iraq because of what they are doing to remove Article 8<\/strong>&#8230;we want to see things faster&#8230;but this is a logical approach and&#8230;there are a ton of moving parts\u2026and as far as what is going on with the Iraqi Stock Exchange and the IEX&#8230;there are things that are going on with currencies that we don\u2019t need to talk about\u2026<strong>Why would a company sign with Iraq if they didn\u2019t think they were going to get their rate of return back&#8230;\u00a0<\/strong>\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Islandg1211 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>\u00a0&#8230;while the 2nd HALF of 2016 (and into the next 3 years) is for the RECONSTRUCTION PHASE &#8211; the SBA\/Marshall Plan, and for liberating Mosul.\u00a0<span style=\"text-decoration: underline;\"><strong>\u00a0IMO, the PLAN IS TO RV AFTER THE WAR PHASE to kick off the RECONSTRUCTION PHASE<\/strong><\/span>&#8230; When this plan for the Monetary Reform, the commitment to liberate Mosul, and the multi-year reconstruction was outlined,\u00a0<strong>the RV WAS INCLUDED<\/strong>. But, the GOI has been non-effective for the entire 1st half of the year.\u00a0\u00a0<span style=\"text-decoration: underline;\"><strong>THEY STILL NEED TO PASS THE INVESTMENT LAW AMENDMENT.\u00a0THIS NEW JUNE LOI STATES THAT &#8220;AS A FIRST STEP&#8221; THE INVESTMENT LAW WILL BE INTRODUCED BY THE COM<\/strong><\/span>. The Anti-Money Laundering Law needs some additions that the IMF wants to see as well.\u00a0 [post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Islandg1211 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 WHY DID WE NOT SEE THE RV &#8220;BY MID-YEAR&#8221;?\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">NONE OF THE REFORMS that had been planned got done in the first half of the year<\/span>.\u00a0 PRESUMABLY, THE RV IS VERY MUCH A PART OF THE PLAN FOR THIS YEAR IN ORDER TO ADDED VALUE AND HELP WITH THE RECONSTRUCTION OF IRAQ IN ADDITION TO ALL THESE LOANS AND GRANTS.\u00a0<\/strong>\u00a0THE GOI STILL NEEDS TO PASS THE INVESTMENT LAW AMENDMENT.\u00a0\u00a0<strong>I&#8217;m still encouraged that the Monetary Reform is, in fact, being planned by the U.S.\/IMF with coordination with other countries, the World Bank, and the UN.\u00a0<\/strong>\u00a0A lot of money is expected to pour into Iraq such as: IMF loans, WB aid,\u00a0UN aid, Other countries&#8217; aid, Private sector loans, Bond sales, Deferred Paris Debt.\u00a0\u00a0 ALL OF THIS MONEY POURING INTO IRAQ IS UNPRECEDENTED.\u00a0\u00a0\u00a0<strong>&#8230;the 1st HALF of 2016 was getting Iraq (mostly the CBI) in position to receive these LOANS FOR THE RV&#8230;<\/strong>\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #800000;\">Upgrading of Iraqi currency \u201cdinar plastic (polymer)\u201d Re-evaluate the value of the dinar<\/span><\/h1>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\" alignleft\" alt=\"Upgrading of Iraqi currency dinar plastic polymer\" src=\"https:\/\/i0.wp.com\/www.iraaqi.com\/upload\/10293738.jpg?w=640\" \/><strong>Upgrading of Iraqi currency dinar plastic polymer\u2013 Dinar plastic (polymer)<\/strong><\/p>\n<p>\u2013 Restructuring of the Iraqi currency<\/p>\n<p>Re-evaluate the value of the dinar<\/p>\n<p>\u2013 Iraqi dinar (polymer):&#8230;<\/p>\n<p><em><strong>Read More: <a href=\"http:\/\/www.dinarupdates.com\/blog\/\" target=\"_blank\">www.dinarupdates.com\/blog\/<\/a><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0 Iraqi Parliament does have an influence. The governing bodies in Baghdad and Erbil, the powerful Shiites and Sunnis, and the elected officials that you hear\u00a0about &#8211; they have an influence. Their specific influence, at this time, is regarding\u00a0the progress of the HCL. We expect to hear that news very soon.<strong>\u00a0But at the end\u00a0of the day, not one of them can do what the CBI can do&#8230; the CBI is the only thing\u00a0that can change the rate. That&#8217;s where we are&#8230;<\/strong>Final thought&#8230;.GO HCL!\u00a0\u00a0 [post 3 of 3]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0\u00a0\u00a0<span style=\"text-decoration: underline;\"><strong>When it comes time to RV, Iraq itself isn&#8217;t even the controlling factor. Parliament is not the controlling factor. Abadi is not the one that will &#8220;push the\u00a0button&#8221;, nor will Shabibi or the IMF.\u00a0In fact.<\/strong><\/span>..an article earlier&#8230;shows exactly how little the IMF has\u00a0to do with anything&#8230; they are more and\u00a0more becoming a useless organization\u00a0with no more actual influence over the\u00a0rate of the dinar than the UN has over\u00a0North Korea.\u00a0<span style=\"text-decoration: underline;\"><strong>The controlling entity is, and always will be, the CBI &#8211; Central Bank of Iraq.\u00a0<\/strong><\/span>And\u00a0the reason why is extremely simple &#8211; because<span style=\"text-decoration: underline;\"><strong>\u00a0THEY are the ones that regulate\u00a0and operate the auctions, which is where the rate is set.<\/strong><\/span>\u00a0 That&#8217;s it. End of story.\u00a0\u00a0 [post 2 of 3&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211; <\/span><\/strong>\u00a0\u00a0 As of today, we do not have an RV.\u00a0\u00a0<span style=\"text-decoration: underline;\"><strong>I believe that&#8217;s because we don&#8217;t have\u00a0an HCL, but this isn&#8217;t an entirely bad thing. I say that specifically because there is no reason to believe the HCL will not go through&#8230; it&#8217;s just not\u00a0happening as fast as we want<\/strong><\/span>. Since we can&#8217;t control the HCL, or the rate of the IQD for that matter, let&#8217;s\u00a0focus for a minute on something that we CAN explain&#8230; &#8220;<em>Who, or what,\u00a0exactly, controls the rate of the IQD<\/em>?&#8221;\u00a0\u00a0\u00a0<strong>In the past, there have been a lot of questions about who controls the rate,\u00a0what entities can influence an RV, does X or Y or Z have to approve, and so\u00a0on.\u00a0<\/strong>Let&#8217;s break this down, and we will all walk away better educated!\u00a0 [post 1 of 3&#8230;.stay tuned]<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!! 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