{"id":12530,"date":"2016-08-18T09:29:59","date_gmt":"2016-08-18T14:29:59","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12530"},"modified":"2016-08-18T14:43:57","modified_gmt":"2016-08-18T19:43:57","slug":"dinar-observer-daily-august-18th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12530","title":{"rendered":"DINAR OBSERVER DAILY August 18th"},"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><\/span><\/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<\/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>\n1332.823<\/td>\n1332.157<\/td>\n<\/tr>\n
British pound<\/td>\nGBP<\/td>\n1537.546<\/td>\n1536.777<\/td>\n<\/tr>\n
Canadian dollar<\/td>\nCAD<\/td>\n917.346<\/td>\n916.887<\/td>\n<\/tr>\n
Swiss franc<\/td>\nCHF<\/td>\n1227.159<\/td>\n1226.546<\/td>\n<\/tr>\n
Swedish krona<\/td>\nSEK<\/td>\n140.477<\/td>\n140.407<\/td>\n<\/tr>\n
Norwegian krone<\/td>\nNOK<\/td>\n143.605<\/td>\n143.533<\/td>\n<\/tr>\n
Danish krone<\/td>\nDKK<\/td>\n179.113<\/td>\n179.023<\/td>\n<\/tr>\n
Japanese yen<\/td>\nJPY<\/td>\n11.761<\/td>\n11.755<\/td>\n<\/tr>\n
Special
\nDrawing Rights<\/td>\n		SDR<\/td>\n1656.218<\/td>\n1655.390<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Indicative rates – 08.18.2016<\/strong><\/h2>\n

http:\/\/www.cbi.iq\/<\/a><\/strong><\/em><\/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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rcookie (Dinar Guru) – <\/span><\/strong>\u00a0\u00a0 Article:\u00a0 “Iraqi delegation in Cairo to take advantage of the experience of the Egyptian Investment Authority<\/em>“\u00a0 ADDING 488 IRAQIS HAVE BEEN TRAINED IN THE PROGRAM IN THE INVESTMENT… INSURANCE… STOCK EXCHANGE…AND CAPITAL MARKET AREAS<\/strong>\u00a0AND GREETED BY THE 18 MEMBER IRAQI DELEGATION OF GOV’T AGENCIES & NATIONAL COMMISSION FOR IRAQI INVESTMENT… AND NOTES IRAQ IS RANKED 25TH IN COUNTRIES INVESTED IN EGYPT… COMPRISED OF 3324 COMPANIES WORTH 492 MILLION AND OVER 4000 EMPLOYEES IN ALL SECTORS…\u00a0\u00a0 WOW!!\u00a0\u00a0WHO IS THE MOST INTERESTED IN SETTLING OF DISPUTES BETWEEN BUSINESSES AND COUNTRIES… HANDLING TRADE DISPUTES BETWEEN PARTIES AND NATIONS…\u00a0 IT IS 1 OF THE FINAL STEPS FOR WTO ACCESSION.<\/span><\/strong>
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Adam Montana (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 [do you think that there is any chance that once the RV is started \u00a0that they will try to “cheat us” out of a fair share of the RV<\/em>?]\u00a0\u00a0\u00a0Nope.<\/strong>\u00a0I understand your concern and where you are coming from, but it would be “RV Suicide” to try to steal from those that they need to support them.\u00a0Basically, you’re alluding to an “in country” RV. I don’t have any fears of that happening.<\/strong>
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Breitling (Dinar Guru) –<\/span>\u00a0<\/strong>\u00a0…They\u2019ve kind of accelerated what it is they want to do.\u00a0 That\u2019s why you\u2019re seeing a lot of articles coming out talking about retiring notes and stuff like that.<\/strong>\u00a0\u00a0It\u2019s not the CBI itself.<\/span>\u00a0 Remember how I follow the laws of Iraq.\u00a0\u00a0It\u2019s the parliament, the ministry of Planning, the ministry of Finance and then the CBI\u2026if you have those 4 talking about it in THAT order then it means something.<\/span><\/strong>\u00a0 What are the numbers.\u00a0 Who\u2019s passing the law\u2026that\u2019s what I want to know.\u00a0\u00a0The CBI said they were going to add value to the currency.\u00a0 The ministry of planning said they were going to add value to their currency.\u00a0 The minister of Finance said we are going to add value to the currency.\u00a0 Parliament said we are going to add value to the currency.\u00a0 The IMF is on board so Iraq can add value to their currency<\/span><\/strong>\u2026If you don\u2019t understand this part of it, it\u2019s tough to follow.\u00a0 How do you do it?\u00a0 The numbers are there.\u00a0 It\u2019s not an opinion.\u00a0 [Post 2 of 2]
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

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

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

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rcookie (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 Article:\u00a0 “Parliamentary legal reaffirms resolve disputes about the amnesty law and vote next Tuesday<\/em>”\u00a0\u00a0\u00a0\u00a0DEADLINE OF NEXT TUESDAY TO VOTE…AND CONFIRMATION THAT ALL DISPUTES ABOUT THE AMNESTY LAW HAD BEEN SETTLED…<\/span><\/strong>
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Delta (Dinar Guru) –<\/span>\u00a0<\/span><\/strong>\u00a0 CBI SITE TENDER 08\/17\/2016.\u00a0\u00a0ASKING COMPANIES TO PROVIDE THEIR TENDER FOR COUNTING AND SORTING MACHINES FOR LOCAL AND FOREIGN CURRENCY. 09\/18\/2016 IS THE LAST DAY TO SUBMIT THE TENDER.<\/strong>
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mike (Dinar Guru) –<\/span>\u00a0<\/span><\/strong>\u00a0 I think Iraq’s reserves are around $50 billion, M0 money supply is at least 30 trillion dinars and when you add in the ISX and other things, the M0 is roughly 60 trillion dinars, or a ballpark of 30-60 billion dollars worth of dinar at the 1182 rate.\u00a0\u00a0\u00a0But what happens if you raise the rate to say 0.10? Now, that same 30 trillion dinar is worth $3 trillion dollars, that’s nowhere close to 150% coverage of the currency in reserves. \u00a0I’m all for the float but hopefully Iraq will get the currency into Article VIII first.\u00a0\u00a0<\/strong>\u00a0[post 2 of 2]
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mike (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 Article quote:\u00a0 “The float of the dinar that reduces pressure on the central bank in relation to the size of the foreign currency reserves…<\/em>”\u00a0\u00a0\u00a0For me, the float is a great idea, after they’ve moved to Article VIII. There won’t be any demand for the dinar until it’s internationally recognized and accepted.<\/strong><\/span>\u00a0…just look at the street rate vs official rate as it stands today, there’s a 9% spread.\u00a0Once Iraqi’s can buy Turkish tomatoes with the dinar, demand will increase.<\/strong>\u00a0\u00a0There are many in the GOI who are all for the float today because they know it will probably drop to somewhere between 1400 and 1500-$1 and it will result in lower costs for payroll etc.\u00a0 [post 1 of 2….stay tuned]
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Frank26 (Dinar Guru) –<\/span>\u00a0<\/strong>\u00a0 Quote:\u00a0 \u201dThe GOI Signs on Thursday a Memorandum of Understanding with the United Nations that Requires the Involvement of International Investigators in the Files of the Grounds of Corruption<\/em>\u201d\u00a0 the UN is there with…handcuffs…to a degree\u2026The UN is going in to…to remove the corruption<\/strong>…We are waiting\u2026and watching for the UN to be successful in what they are doing\u2026me and my TEAMS only care about the UN, the WTO, the IMF and the USA right now…Monetary Reform is out right now in front of our eyes…even before they release Mosul to you as liberated<\/strong>…they have already passed all the laws for the Monetary Reform…once they give you Mosul…what did we tell you…IMO the Monetary Reform will come at you with the speed of light.<\/strong>
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Breitling (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u2026Iraq has been hit because of the oil prices that went down.\u00a0 It messed everybody up\u2026it really did.<\/strong>\u00a0 but in the end what\u2019s the answer?\u00a0 What\u2019s on the table?\u00a0 Banks are having problems getting people cash.\u00a0 And then you have people out there say they have too much dinar out there so it\u2019s not going to revalue.\u00a0 how does that work?\u00a0 doesn\u2019t make any sense does it?\u00a0\u00a0Not only that but you have two reports that came out talking about one at 6 billion notes and one at 4 billion notes<\/strong>. [See Bretling Post from 8-16-2016]\u00a0 \u2026Yeah let\u2019s say it\u2019s true\u2026they have 53 trillion dinar\u2026then yeah it\u2019s not going to revalue<\/span>.\u00a0 but it\u2019s up to you.\u00a0 I\u2019m not going to convince anyone of anything, it\u2019s not my job.\u00a0 I know exactly what\u2019s going on.\u00a0 I know exactly what the numbers are.\u00a0\u00a0And they\u2019ve reduced it since the 4 billion note count.\u00a0 How long ago? I don\u2019t know.\u00a0 I know what\u2019s coming down the road\u2026.what\u2019s going on in Iraq is pretty shocking.<\/span><\/strong>\u00a0 [Post 1 of 2 stay tuned for the rest of the story]
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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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rcookie (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0\u00a0 Article quote:\u00a0 “Ahmed Abd Rabou opened the Commerce Department a new center for Supply in the city of Ramadi<\/em>…”\u00a0\u00a0\u00a0…HERE COMMERCE MINISTRY IS ANNOUNCING OPENING OF NEW SUPPLY TRADE CENTER IN RAMADI AFTER ACHIEVING REQUIRED STABILITY IN RECORD TIME<\/strong>…TO SAY THAT ABADI AND HIS NEW CABINET MINISTERS SWORN IN YESTERDAY HAD A HUGE DAY TODAY…BIG UNDERSTATEMENT…<\/span>
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mike (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0Article quote:\u00a0 “…the lack of confidence of citizens in banks behind it are many reasons, such as lack the Iraqi government keeping its commitments to the private sector<\/em>…” \u00a0\u00a0Literally, for years, we’ve read about the banks not being up to snuff, corruption and the governments lack of support for the open market economy.\u00a0Statistically speaking, they can’t maintain this kind of failure and ineffectiveness forever, can they?\u00a0<\/span><\/strong>
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Kaperoni (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0Article:\u00a0 “Keywords acknowledges the absence of fiscal policy and accuses the institutions working for political interests Baaaguetha<\/em>”\u00a0\u00a0\u00a0Don’t confuse “fiscal policy<\/em>” with “monetary policy<\/em>”\u00a0\u00a0Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation’s economy. It is the sister strategy to monetary policy through which a central bank influences a nation’s money supply.<\/strong>
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Iraqi Dinar\/Dollar auction (most recent listing) 08-18-16<\/strong><\/span><\/h2>\n

Currency Auctions Announcement No. 3262<\/strong><\/p>\n

This daily currency auction was held in the Central Bank of Iraq on the 08-18-2016<\/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>\n31<\/td>\n<\/tr>\n
Number of remittance companies<\/td>\n15<\/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$)<\/td>\n141,350,848<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n141,350,848<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/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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Frank26 (Dinar Guru) – <\/span><\/strong>\u00a0\u00a0 Quote:\u00a0\u00a0 \u201dThe Duties of the WTO Task Force is to Reduce the Difference of the Value of the IQD to the USD\u00a0<\/span>and Activating Iraq\u2019s Private Sector<\/em>\u201d\u00a0\u00a0\u00a0\u00a0…the WTO is telling you they have a task force in Iraq and we are doing our best to close the gap between the IQD and the USD<\/span>…by raising the value<\/span><\/strong>…The WTO is now in position to welcome them…how will you know when Iraq is international…the moment the WTO tells you they have accepted them as member<\/span>s…the international status of Iraq is eager to introduce their currency…not at a program rate.<\/strong>
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Breitling (Dinar Guru) –<\/span>\u00a0<\/strong>\u00a0They [People who feel there is trillions of dinar out there] look at the CBI and\u00a0they\u2019ll look at the reports coming in and it says in their reserve they have 53 Trillion dinar or 61 trillion\u2026at one time it was 81 trillion\u00a0<\/strong>and then it went down.\u00a0\u00a0People don\u2019t understand it\u2019s all the assets combined\u2026it\u2019s gold, it\u2019s oil, it\u2019s the reserve, it\u2019s not the country\u2019s note count.\u00a0<\/span><\/strong>\u00a0There are 2 reports that come out\u2026one report said they had 6 billion notes and how much dinar that represented\u2026I\u2019ve talked about this for years.\u00a0 Then the next report came out and it said it was down to 4 billion notes<\/span><\/strong>\u00a0but it never came out with how much that 4 billion represented.\u00a0\u00a0People would get the countries note count mixed up with the countries overall value<\/strong><\/span>.\u00a0 [Part 2 of 2]
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Jubouri eager to proceed with plans to speed up reform and enactment of important laws<\/strong><\/span><\/h2>\n

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\nThe head of the House of Representatives, Salim al keen House of Representatives to proceed with plans to speed up reform and enactment of important laws.<\/p>\n

A statement by the Information Office of the President of the Parliament received by all of Iraq [where] a copy of the “al-Jubouri, received in his office on Tuesday, the US congressional delegation headed by Democratic Senator Corey Booker and his accompanying delegation,” Mnohna as “During the meeting, research in developments in the political and security landscape on the local scene, as well as the regional situation and its implications, especially with regard to the war on terror dossier. ”<\/p>\n

The statement noted that “the meeting, they discussed the displaced file and the conduct of the legislative work and the role of the House of Representatives to speed up the enactment of important laws.”…<\/p>\n

Read More: http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><\/strong><\/em><\/span><\/em>
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rcookie (Dinar Guru) – <\/span><\/strong>\u00a0<\/span>\u00a0 Article:\u00a0 “Basra calling for the rehabilitation of border outlets being an important economic resource<\/em>”\u00a0\u00a0 …WHERE AT ONE TIME THE CUSTOMS TARIFFS INCREASES TO BE IMPOSED AT BORDER POINT WERE MAJOR OBSTACLE AND SOURCE OF CONTENTION IN THESE BORDER CROSSING AREAS…THE SUCCESS OF THE REVENUE STREAMS TO THE COUNTRY AND PROVINCIAL SHARE OF THE REVENUES HAVE THESE AREAS TRIPPING OVER THEMSELVES TO GET ENGAGED…WHAT A DIFFERENCE A YEAR MAKES.<\/strong>
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Breitling (Dinar Guru) – <\/span>\u00a0\u00a0<\/strong>Article \u201cDozens demonstrate in front of the family bank in central Baghdad to demand their money…<\/em>\u201d\u00a0 People don\u2019t realize this but this has been going on at more than one bank.\u00a0\u00a0The thing is the banks are not releasing cash to the citizens.\u00a0 And that\u2019s strange since there are misunderstandings out there of how much dinar is out there<\/span>.<\/strong>\u00a0 With all that dinar out there [Said sarcastically].\u00a0 There\u2019s a shortage of getting citizens their money?\u00a0 That worthless dinar?\u00a0 How does that happen?\u00a0 Strange circumstances don\u2019t you think?\u00a0\u00a0With trillions and trillions of dinar out there\u2026and that\u2019s the accusation that\u2019s out there\u2026why would they have problems giving cash to people on the streets? [If there was trillions of dinar]<\/span><\/strong>\u00a0It doesn\u2019t exist.\u00a0 \u2026it\u2019s not a nation wide thing but it keeps happening over and over again.\u00a0 So again, my question is\u2026With all these trillions of dinars?\u00a0 \u2026It\u2019s the note count and it\u2019s something that\u2019s not talked about\u2026<\/strong><\/span>\u00a0 \u00a0<\/strong>[Part 1 of 2]
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Iraqi Dinar\/Dollar auction (most recent listing) 08-16-16<\/strong><\/span><\/h2>\n

Currency Auctions Announcement No. 3260<\/strong><\/p>\n

This daily currency auction was held in the Central Bank of Iraq on the 08-16-2016<\/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>\n31<\/td>\n<\/tr>\n
Number of remittance companies<\/td>\n15<\/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$)<\/td>\n139,098,650<\/td>\n<\/tr>\n
Amount purchased at Auction price (US$)<\/td>\n—–<\/td>\n<\/tr>\n
Total offers for buying (US$)<\/td>\n139,098,650<\/td>\n<\/tr>\n
Total offers for selling (US$)<\/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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mike (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0To me, \u00a0fisal policy = legislation. I don’t think you’ll find concrete evidence that he’s wrong, just the absence of the legislation that’s necessary for economic\/monetary reform.<\/strong>\u00a0I think we’re hearing a lot of discussion from the economists, IMF and even the CBI,\u00a0but precious little from the government itself.<\/span>\u00a0I think they’re begrudgingly following the guidelines the IMF set up so they can have access to the loans, but I would agree with Keywords, they don’t have a long term plan.<\/strong>\u00a0\u00a0Hopefully I’m way off base and 2017 is the year…\u00a0\u00a0 [post\u00a02 of 2]
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mike (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 Article:\u00a0 “Keywords acknowledges the absence of fiscal policy and accuses the institutions working for political interests Baaaguetha<\/em>”\u00a0\u00a0I’m puzzled as to why Keyword’s would put these kinds of statements out today when there’s supposed to be a plan to move this country forward economically and monetarily.\u00a0\u00a0We keep hearing about a plan and yet Keywords is telling us there isn’t one. I guess time will tell, they told us Iraq would be part of the worlds economy\u00a0by mid 2016 and now they’ve moved it to 2017, here’s hoping that is still the plan<\/span>. \u00a0\u00a0<\/strong>\u00a0[post 1 of 2….stay tuned]
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wmawhite (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0<\/span>…the “delete the zero project”…does not mean that a 1,000 IQD note becomes a 1 IQD note.\u00a0\u00a0The delete the zero project is the gradual removal of the larger notes from the market place…and that happens by the increase in value of the IQD which will reduce the prices in the market place, thus making the smaller notes usable.<\/strong>\u00a0The fewer notes in circulation means a greater value of the currency.\u00a0<\/strong>\u00a0…the CBI has told everyone of us exactly what they are doing…We have the facts.
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Iraqi government is unanimously unclear<\/strong><\/span><\/h2>\n

\"_87659_iraq3\"
\nIraqi Prime Minister Haider al-Abadi succeeded Monday in getting parliamentary approval for five of the names proposed to occupy ministerial positions in which The new government, which was promised months ago that consists of competencies away from quotas partisan reform that raise high the roof frame, but failed to implement any of its requirements, while large sphincter collided with the political blocs to maintain their share of ministerial and administrative positions.<\/p>\n

In return for this little amount of “success” Ebadi received a painful blow parliamentary vote against conviction answers and Defense Minister Khaled al-Obeidi during his interrogation before the Council meeting earlier this month, paving the way for the withdrawal of confidence from him and his dismissal in a sensitive period of preparing the prime minister in which to achieve the completion of the war on organizing Daesh complete expulsion of the largest stronghold of him in Iraq; the city of Mosul.<\/p>\n

The President of the House of Representatives Saleem al-Jubouri, Monday, insert the withdrawal of confidence from the Minister of Defence at a hearing next Tuesday…<\/p>\n

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

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rcookie (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 Urgent: judiciary issued an arrest warrant on the security and defense ministry officer and secretary general of military intelligence and the son of Khaled al-Obeidi…!\u00a0 Quote:\u00a0“An informed source said on Sunday that the judiciary issued arrest warrants against memorandums of people at the Ministry of Defense based on the confessions of the accused, who directed the minister to the media in accordance with Article 243.<\/em>”\u00a0\u00a0WOW!\u00a0 OBEIDI’S SON AND DEFENSE MINISTRY OFFICIALS ARRESTED…<\/strong>
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SteveI (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0<\/span>\u00a0Article:\u00a0 “Iraq is heading toward financial stability<\/em>”\u00a0\u00a0 Quote:\u00a0 “Najib confirmed that \u00ablaid plans by the government economic initiatives, very good and entered the implementation phase, there are small, medium and large size of more than six trillion projects Iraqi dinars, which will generate revenues and stimulate the economy in the near future \u00bband showed the MP that the economic crisis in the country needs time to end it because of Iraq is unable to diversify its economy and sources of the budget, especially as the security situation in the implementation of economic plans and expansion by the advent of international companies to invest in Iraq<\/em>.”\u00a0 I really like this paragraph…Just think of the potential of the outside investors and when the current value of their currency increases, the power of these economic initiatives will have on the global economy.<\/strong>\u00a0I am very impressed and very pleased to be reading this type of news.
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DU NEWS RECAP by RCookie<\/strong><\/em><\/p>\n

WEDNESDAY AUGUST 10TH, 2016<\/strong><\/em><\/p>\n

GENERAL<\/strong><\/p>\n

GOLD AT 219,00 IQD TO THE WEIGHT\u2026AUCTIONS AT $150 MILLION\u2026ZEBARI PRESIDES OVER ECONOMIC AFFAIRS COMMITTEE ALONG WITH CBI GOVERNOR & CHAIR OF INVESTMENT AUTHORITY & INDUSTRY MINISTRY MEETING TO DISCUSS WINTER STRATEGY FOR BAGHDAD SERVICES PROJECTS WATER, SEWERAGE AS WELL AS PRIVATE SECTOR MEDICINE AND INDUSTRY\u2026ABDUL BARI ZEBARI ELECTED TO PARLIAMENT FOREIGN RELATIONS COMMITTEE CHAIRMAN\u2026JAFAARI ANNOUNCES ESTABLISHMENT OF FOREIGN CONSULS IN BASRA PROVINCE INCLUDING US, RUSSIA, KUWAIT, IRAN AND EGYPT FOR ECONOMIC & POLITICAL FACILITATION\u2026NORWAY ANNOUNCES TOTAL RECONSTRUCTION SUPPORT TO IRAQ $10.6 MILLION FOR 2016\u2026<\/p>\n

Read More: http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em>
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tlm724 (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 Article:\u00a0 “The Iraqi government signed on Thursday a memorandum of understanding with the\u00a0United Nations requires the involvement of international investigators in the files, “grand corruption<\/span><\/em><\/strong>“<\/span>\u00a0 For months, Iraqis organize demonstrations in the capital Baghdad and the southern provinces, demanding the formation of a government of technocrats, and an end to political wrangling in Parliament, and to provide the corrupt to justice…\u00a0hopefully this will help calm the people a lil.<\/strong>
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SteveI (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 There is just too much going on in the back ground to support this happening that I am extremely encouraged.\u00a0There are a few things going on within the ISX that if our team can really confirm, then that alone would put the icing on the cake for me.\u00a0I believe that once Mosul is under control we are going to see some very happy days.<\/strong>
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