{"id":12746,"date":"2016-09-30T18:39:13","date_gmt":"2016-09-30T23:39:13","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12746"},"modified":"2016-09-30T18:39:13","modified_gmt":"2016-09-30T23:39:13","slug":"dinar-observer-daily-september-30th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12746","title":{"rendered":"DINAR OBSERVER DAILY September 30th"},"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.xx.fbcdn.net\/v\/t1.0-9\/14502973_10205216090881899_463420219077868198_n.jpg?oh=2816b10c7eee81eeb498a9887770d6f2&amp;oe=586B8F95\" width=\"505\" height=\"379\" \/><\/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\">1326.795<\/td>\n<td align=\"center\">1326.132<\/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\">1538.728<\/td>\n<td align=\"center\">1537.958<\/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\">892.614<\/td>\n<td align=\"center\">892.168<\/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\">1216.926<\/td>\n<td align=\"center\">1216.317<\/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\">137.536<\/td>\n<td align=\"center\">137.467<\/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\">145.982<\/td>\n<td align=\"center\">145.909<\/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\">178.066<\/td>\n<td align=\"center\">177.977<\/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\">11.752<\/td>\n<td align=\"center\">11.746<\/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\">1653.736<\/td>\n<td align=\"center\">1652.909<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><em><strong><a href=\"http:\/\/www.cbi.iq\/\" target=\"_blank\">http:\/\/www.cbi.iq\/<\/a><\/strong><\/em><\/h2>\n<h2><strong>Indicative rates &#8211; 09.30.2016<\/strong><\/h2>\n<p>______________________________________________________________<\/p>\n<h1><span style=\"color: #008000;\"><em>When life gives you lemons, apply for a business license, a food service license, and a sales tax license and make lemonade. &#8211; Will Spencer<\/em><\/span><\/h1>\n<p>______________________________________________________________<\/p>\n<h1><strong>*** Current News ***<\/strong><\/h1>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211; <\/span><\/strong>\u00a0\u00a0 I think the barrel of oil is going to go to somewhere around $120&#8230;for about three months and then come back down to $60&#8230;.<strong>they would be out of trouble at the blink of an eye&#8230;this will fuel the budget<\/strong>\u2026And with ISIS not controlling oil any longer anywhere in the ME&#8230;and with the auctions now being controlled by the UN police&#8230;the days of ISIS are numbered&#8230;ISIS cannot sell any oil on the black market anymore&#8230;is this a coincidence&#8230;that the price is now going up when they are no longer in control of any oil&#8230;.<strong>well would it be a coincidence if the Iraqi dinar were to go up when they are no longer in control of what they stole.\u00a0<\/strong>\u00a0Iraq set its oil ceiling and will prop up oil prices for the international market&#8230;you know why&#8230;so they can be in line with OPEC.\u00a0 [post 2 of 2]<br \/>\n______________________________________________________________<\/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 and Co.\u00a0<\/span><\/strong><strong><span style=\"color: #ff0000;\">in the DU CHAT ROOM &#8211; Fri. &#8211; 30th 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;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0<strong>The price of oil was adjusted&#8230;and &#8230;amended into the budget and that helped tremendously&#8230;<span style=\"text-decoration: underline;\">there was an adjustment of 90.22 trillion IQD&#8230;that is the $77 billion that was reduced<\/span><\/strong>&#8230;you should pay attention to these numbers that I am reading to you&#8230;you can go to the CBI website and look&#8230;<strong>they are expressing them in IQD\u2019s&#8230;that is huge<\/strong>&#8230;that makes the IMF really happy&#8230;\u00a0<span style=\"text-decoration: underline;\">I also want to share with you is that OPEC has agreed to freeze their oil production&#8230;<strong>and just because they did that&#8230;it caused the barrel of oil to go up by $2.35<\/strong><\/span>&#8230;and it is going to continue and continue&#8230;\u00a0\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0&#8230;these UN groups&#8230;are watching the GOI bad guys&#8230;and the CBI bad guys&#8230;they are watching how things are being paid&#8230;<strong>they are really eyeballing every movement&#8230;<span style=\"text-decoration: underline;\">every step&#8230;of the CBI auctions&#8230; because that is the main way that money has been stolen from Iraq<\/span><\/strong>&#8230;\u00a0\u00a0\u00a0<strong>The word is that things are moving along fast<\/strong>&#8230;even the budget was reduced&#8230; that was a huge factor that was talked about over in DC\/NYC&#8230;it was reduced by $77 billion.\u00a0\u00a0\u00a0<strong>&#8230;in the next two or three weeks let\u2019s see what happens to Abadi and the GOI and the CBI governorship and the new technocrats that will come in and what the UN report will be when they are done with what they are doing in Iraq<\/strong>&#8230;<span style=\"text-decoration: underline;\">.there is a lot of stuff that is going to come out in the next two weeks<\/span>.\u00a0 [post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>\u00a0&#8230;we have been proposing the idea that in Iraq it is not so much terrorism that is so much of an urgency&#8230;<span style=\"text-decoration: underline;\"><strong>it is more now focused on the corruption<\/strong>&#8230;<\/span>we told you once Mosul was given to you the Monetary Reform would be talked about a lot&#8230;<span style=\"text-decoration: underline;\"><strong>since Abadi has been back&#8230;it has been article after article about their Monetary Reform&#8230;about floating&#8230;about the exchange rate&#8230;about changing it<\/strong>.<\/span>..when Abadi left to go to DC. and deal with Obama and go to the United Nations in New York City to deal with the corruption of his country&#8230;he asked for many things&#8230;he got them&#8230;he got many things&#8230;and&#8230;<strong>one of the things he got was more security to deal with the corruption<\/strong>&#8230;in fact when he left&#8230;the corruption in the GOI lifted its feet up again&#8230;<strong>\u00a0he brought the UN&#8230;that is HUGE&#8230;\u00a0<\/strong>\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #800000;\"><strong>Erbil-Baghdad have \u2018agreed to solve\u2019 all disputes, Kurdish president says<\/strong><\/span><\/h2>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\" aligncenter\" alt=\"Erbil-Baghdad have \u2018agreed to solve\u2019 all disputes, Kurdish president says\" src=\"https:\/\/i0.wp.com\/rudaw.net\/ContentFiles\/249788Image1.jpg?w=640\" \/><\/p>\n<p><strong>BAGHDAD, Iraq &#8211;<\/strong> Following a meeting with the Iraqi prime minister in Baghdad on Thursday, Kurdistan Region President Masoud Barzani said that Erbil still maintained relations with Iraq and that both sides sought to solve all disputes through dialogue and understanding.<\/p>\n<p>\u201cThe Kurdistan Region looks at its relations with Baghdad with strategic depth,\u201d Barzani told reporters in a joint press conference with Iraq\u2019s Prime Minister Haider al-Abadi.<\/p>\n<p>\u201cWith the PM (Abadi) we have agreed to solve the disputes, especially economic and oil and gas and seek a better solution for all them all,\u201d he added&#8230;<\/p>\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;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0\u00a0\u00a0<strong>BARZANI IN BAGHDAD\u00a0<span style=\"text-decoration: underline;\">FOR 1ST TIME IN 5 YEARS<\/span>\u00a0TO MEET WITH ABADI AND BLOCS<\/strong>&#8230;GOING TO BE HUGE WEEK..<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span><strong>\u00a0\u00a0<\/strong>\u00a0[&#8230;<em>with Maliki in our face, almost daily: Please comment on \u00a0the possible \u00a0reactions that may occur from his actions.<\/em>]\u00a0\u00a0\u00a0<strong>I still don&#8217;t put much stock in Maliki&#8217;s presence.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 After Mosul we would see more on the Monetary Reform&#8230;I believe Mosul is coming to a close now because different parts of the Economic Reform came out before they even told you about Fallujah&#8230;<span style=\"text-decoration: underline;\"><strong>I\u2019m seeing the Monetary Reforms in the last few days come out in great strides<\/strong><\/span>&#8230;Try to stop an avalanche&#8230;it is coming down like a lava flow&#8230;\u00a0<strong>you can\u2019t stop this Monetary Reform.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #800000;\"><strong>The Peshmerga under the command of al-Abadi and increase the budget of the Kurdistan<\/strong><\/span><\/h2>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" aligncenter\" alt=\"\" src=\"https:\/\/i0.wp.com\/www.iraaqi.com\/upload\/4861p4264.jpg?resize=545%2C363\" width=\"545\" height=\"363\" \/><\/p>\n<p>Revealed a Lebanese newspaper, on Friday, the details of the agreements that have taken place during the President of the Kurdistan region Massoud Barzani &#8216;s visit to Baghdad and his meeting with Prime Minister Haider al &#8211; Abadi, as pointed out that among the agreements that were made Peshmerga under the command of al &#8211; Abadi and increase the province &#8216;s budget in the fiscal budget for next year.<\/p>\n<p>The &#8220;News&#8221; newspaper in a report on its issue today, and seen by \/ information \/, said that &#8220;close to al &#8211; Abadi sources, and other Kurdish agreed to get agreement on the key issues in dispute, at the forefront of the battle to liberate Mosul and the participation of the popular crowd and the peshmerga, as was the develop a mechanism to reach solutions on economic and financial issues between Baghdad and Erbil, in regards to the oil agreement&#8230;<\/p>\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;\">Adam Montana (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0[<em>Do you think oil with stay low &amp; cause the RV to delay or come out lower<\/em>?]\u00a0\u00a0<strong>I think oil will start to go back up OR Iraq will adjust, but it will not be a permanent delay.\u00a0<\/strong>\u00a0\u00a0[<em>Do you still think we can \/ will see an Oct RV or simply things &#8220;getting better&#8221;<\/em>.]\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">\u00a0Both<\/span>.\u00a0<\/strong><br \/>\n[\u00a0<em>I am under the impression Mosul will be retaken by the joint forces within a few weeks. Does that \u00a0make any more reason for them to finally roll out there new rate<\/em>?]\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">It&#8217;s not &#8220;the&#8221; reason, but it&#8217;s definitely forward progress and a positive thing.<\/span>\u00a0<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Iraq: 634 receive Advisor Abadi million dollars from the IMF and the budget deficit &#8220;shrinking<\/em>&#8221;\u00a0 Quote:\u00a0 &#8220;&#8230;<em>the size of the budget deficit in 2017 shrank from 34 trillion to 12 trillion dinars, indicating that the next instalment of an IMF loan for Iraq amounted to $ 643 million<\/em>&#8230;&#8221;\u00a0\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">AND THERE IT IS&#8230;DEFICIT TRIMMED FROM 34 TRILLION TO 12&#8230;<\/span>\u00a0\u00a0<\/strong>\u00a0[<em>those numbers are amazing<\/em>.]\u00a0\u00a0<strong>WITH IMF ASSISTANCE AND GUIDANCE JUST LIKE 2016 BUDGET THEY CO AUTHORED&#8230;NEVER&#8230; EVER&#8230;EVER HAPPENED IN THEIR HISTORY&#8230;NEVER<\/strong>&#8230;THEY FINALLY RIPPED THE BAND AID OFF&#8230;READY TO PLAY IN THE BIG BOY SAND BOX&#8230;\u00a0\u00a0 [post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Cabinet approves 2017 budget amendment<\/em>&#8221;\u00a0\u00a0\u00a0<strong>SO 2017 BUDGET AMENDMENTS APPROVED BY CABINET<\/strong>&#8230;JUST AS LAST YEAR WITH THE IMF CO-AUTHORING BUDGET AND MANDATING THE CRITERIA THAT WOULD QUALIFY THEM FOR THE SMP AND THEN SBA LOANS&#8230;THIS YEAR EXACTLY THE SAME&#8230;<strong>THEY GOT THEIR 2ND INSTALLMENT OF SBA MONEY BECAUSE THEY MADE THE NECESSARY AMENDMENTS TO IMPAct deficit and reforms that were then inspected and approved by imf before relaesing loan money<\/strong>&#8230;\u00a0 [<em>Will the OPEC decision today hinder those output numbers<\/em>?]\u00a0\u00a0<strong>NO&#8230;THE OPEC NEWS IS GREAT BECAUSE IT WILL POSITIVELY IMPACT BUDGET REVENUES&#8230;AS OIL WAS ADJUSTED TO $42<\/strong>&#8230;DEFICIT ATTACKED ON BOTH ENDS&#8230;..IMF SMILES AND CUTS NEW CHECK&#8230;SIMPLE.\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #800000;\">Yuan joins IMF\u2019s elite reserve currency club in a milestone moment for China<\/span><\/h1>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\" aligncenter\" alt=\"Image result for yuan pics\" src=\"https:\/\/i0.wp.com\/newstarget.com\/wp-content\/uploads\/sites\/43\/2016\/04\/chinese-currency-100-yuan-front-side-e1456152879891.jpg?w=640\" \/><\/p>\n<h2><strong>The yuan becomes the fifth member of the prestigious SDR basket on Saturday, but more reforms are needed before it is a freely traded currency, say analysts<\/strong><\/h2>\n<p>China\u2019s yuan joins an elite group of reserve currencies created by the International Monetary Fund on Saturday in a move hailed as a milestone in the country\u2019s rise to global financial prominence.<\/p>\n<p>From tomorrow, the yuan, also known as the renminbi, will become the fifth member of the IMF\u2019s prestigious Special Drawing Rights (SDR) basket of currencies, alongside the US dollar, euro, Japanese yen and British pound.<\/p>\n<p>Analysts say it marks the beginning of a new era for the yuan, paving the way for its wider adoption in international trade and bolstering China\u2019s status as a key player in the global financial system&#8230;<\/p>\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;\">Adam Montana (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 &#8220;<em>on par with the neighbor<\/em>s&#8221; &#8212; I&#8217;ve heard this one for years and\u00a0<strong>there is absolutely no reason one country can value its currency at a higher rate just because another country close by is at a higher value relative to the dolla<\/strong>r&#8230;thats like me saying well bob down the road who is a CEO of his own company just got a new mustang &#8230;\u00a0I should have one too ,even though I work part time in pizza hut&#8230;with todays crazy lending policies I probably could get the loan for it in this scenario but\u00a0<strong>long-term it will destroy me just like if Iraq jumped the gun and set a rate too high based on a false belief in their ability to maintain that rate or deserve it.<\/strong>\u00a0As mentioned above the factors that affect the value of a currency cannot be overlooked or dismissed just because one might want to keep up with the jones&#8217;s (or Muhammad&#8217;s in this case) its just an ego thing.<strong>\u00a0I do think some day it will be on par, now whether thats because the IQD increases in value or all out chaos engulfs the middle east and everyone else drops to Iraq&#8217;s current value I don&#8217;t\u00a0 know but time will tell.\u00a0\u00a0\u00a0<\/strong>[post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Adam Montana (Dinar Guru) &#8211;<\/span>\u00a0 \u00a0[<em>Oil prices are relatively stable, the price of gold is staying above $1300\/oz and most likely going up.\u00a0 Iraq has plenty of both.\u00a0 With all that has gone on with Iraq this year: CBI talk, banking, more oil, more gold, security, government, IMF and UN aid, etc&#8230;things are actually looking promising.\u00a0 I know about your 10 cent stance, and&#8230;I was just curious if you&#8217;ve heard anything about a possible rate of 13-26 cents, like a few other middle east countries are currently valued at as well.\u00a0 Just so Iraq can be &#8216;on par&#8217; with some of their neighbors, and take advantage of the resources they possess or have yet to tap into<\/em>.]\u00a0<strong>\u00a0\u00a0 oil prices stable ish\u00a0 &#8212; yes&#8230;gold price staying above $1,300\/Oz and heading higher &#8212; I sure hope so&#8230;Iraq has plenty of both\u00a0<\/strong>&#8212; well we know for sure they have a lot of oil, how much gold they actually have at the moment is anyones guess.\u00a0 as for the rate &#8212; 1c , 10c , 50c, $50 per dinar or even the current rate, it really doesnt matter to Iraq what the rate is life continues as normal,<strong>\u00a0there are 120 factors that determine the value of a currency, everything from political stability to standard of healthcare, structure of the economy and population educational levels then the usual things like reserves, natural resources, workforce participation, interest rates, banking structure and policies, inflation rates and the volume of cash in the economy etc<\/strong>.\u00a0 [post 1 of 2&#8230;.stay tuned]<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Aggiedad77 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article quote:\u00a0 &#8220;<em>The United Nations Development Programme (UNDP) signed an agreement today in Erbil with the Ministry of Planning of the Kurdistan Regional Government (KRG) to establish a new Funding Facility for Economic Reform (FFER)<\/em>.&#8221;\u00a0\u00a0<strong>\u00a0Notice how the UN and it&#8217;s various departments seem to all of a sudden be falling all over Iraq in attempts to help them&#8230;.what pray tell might be coming from all this new found assistance.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 09-29-16<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3287<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 09-29-2016<\/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>15<\/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>110,371,703<\/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>110,371,703<\/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;\">Kaperoni (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0Article:\u00a0 &#8220;<em>Float the Iraqi dinar economic phenomenon that will support the national currency<\/em>&#8221;\u00a0\u00a0 \u00a0<strong>hopefully the plan will be put in place soon so Iraq can start to create a private sector.\u00a0 The dinar is key to that success.<\/strong><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<strong>If you&#8217;re watching the news stories,\u00a0<span style=\"text-decoration: underline;\">you&#8217;ll already know\u00a0that my prediction to start seeing things moving around\u00a0now is taking shape&#8230; we&#8217;ve actually got news<\/span><\/strong><span style=\"text-decoration: underline;\">!\u00a0<\/span>Which is a\u00a0GREAT thing, considering the lull that we were in for the\u00a0last few months<span style=\"text-decoration: underline;\">!\u00a0<\/span><strong><span style=\"text-decoration: underline;\">I think it&#8217;s clear that things are picking up pace.<\/span>\u00a0<\/strong>And that is exactly what&#8217;s happening now&#8230;<strong>\u00a0I am liking the current situation.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Kaperoni (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>\u00a0Article:\u00a0 &#8220;<em>Central bank: Iraq will emerge from the gray list to the white early next year<\/em>&#8221;\u00a0\u00a0 Quote:\u00a0 &#8220;&#8230;<em>the highest international group to monitor the money moving internationally to remove Iraq from the gray list to the white early next year, 2017<\/em>&#8230;&#8221;\u00a0 This is one of those articles that is so matter of fact.\u00a0\u00a0<strong>There can be no confusion what the CBI is saying here.\u00a0 No misunderstanding.<\/strong>\u00a0 Here is what the IMF said in the SBA&#8230;&#8221;<em>The authorities will gradually remove remaining exchange restrictions and multiple currency practice (MCP) (MEFP, 14). Such a move towards acceptance of the obligations under Article VIII of the IMF\u2019s Articles of Agreement will send a positive signal to the investor community that Iraq is committed to maintain an exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate<\/em>.&#8221;\u00a0\u00a0<strong>We can clearly see that early 2017 the CBI plans to enter Article VIII.\u00a0 This will facilitate international investment, confidence and international transactions using the dinar.\u00a0\u00a0<span style=\"text-decoration: underline;\">This also, IMO will be when the dinar begins to float. As already stated, the CBI plans to introduce a new 50, 100, and 200 at the same time so we can expect the dinar to improve significantly in 2017.<\/span><\/strong><br \/>\n______________________________________________________________<\/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\/RCookie, Mr White &amp; Hutch\u00a0<\/span><\/strong><strong><span style=\"color: #ff0000;\">in the DU CHAT ROOM &#8211; Wed. &#8211; 28th 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;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0<span style=\"text-decoration: underline;\"><strong>\u00a0Abadi is trying to take his country into the future&#8230;into the international world and to do business with it&#8230;not with the program rate<\/strong><\/span>&#8230;the UN applauded and said bravo to Abadi&#8230;and he met with many nations&#8230;and\u00a0<strong>those nations promised many things to him&#8230;why would they do that at a program rate<\/strong>&#8230; Article quotes:\u00a0 &#8220;<em>We Will Raise the Value of the Iraqi Dinar and it will be to Reduce Corruption by Hitting One of the Main Sources of Currency Auctions<\/em>\u201d\u00a0 &#8220;<em>To Restore Confidence in Iraq Currency Retreating<\/em>&#8230;&#8221;\u00a0\u00a0<span style=\"text-decoration: underline;\"><strong>\u00a0IMO I think&#8230;that Mosul is so very close to us&#8230;because of that I believe now they want to talk to you about the Monetary Reform of the Iraqi dinar<\/strong><\/span>&#8230;and that is good.\u00a0 There was another article&#8230;dealing with the Monetary Reforms and they said&#8230;<span style=\"text-decoration: underline;\"><strong>we the Finance Committee, suggested that the best thing for us to do is to create a float&#8230;our exchange rate<\/strong>.<\/span>..once again another example within 48 hours of Abadi coming back from NYC and DC you see a lot of talk about the Monetary Reform.\u00a0 [post 2 of 2]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 &#8230;we were&#8230;looking at the fact that Abadi was in Washington, DC&#8230;<strong>he left early&#8230;he actually left Thursday&#8230;and he was in Iraq Friday morning and&#8230;that to us was very significant&#8230;I think the most important reason is why did he come back&#8230;because the cockroaches were once again trying to mess with the GOI&#8230;the biggest issue IMO was to deal with Maliki&#8230;and Maliki\u2019s son<\/strong>&#8230;But he has been caught with all the millions that he stole\u2026this evidence is being piled up against Maliki and his son that is dealing with corruption&#8230;United Nations also says to Abadi&#8230;we are going to come with you too&#8230;why did they come to Iraq with Abadi&#8230;I guess it is because they are dealing with corruption not terrorism.\u00a0 That is huge&#8230;<strong>all of the bad people we see over there are being dealt with right now..<span style=\"text-decoration: underline;\">.it is the root of corruption that the UN is now over there dealing with&#8230;and Abadi is right there dealing with them<\/span><\/strong><span style=\"text-decoration: underline;\">.<\/span>..Abadi is not targeting Maliki\u2026that would be politically dangerous&#8230;but\u00a0<strong>Abadi is allowing the UN to come and do the corruption clean up&#8230;<span style=\"text-decoration: underline;\">in fact the US Treasury is there too&#8230;why&#8230;because the UST and the UN are both there now monitoring the CBI auctions<\/span><\/strong>&#8230;\u00a0\u00a0 [post 1 of 2&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Kaperoni (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0 &#8220;<em>Float the Iraqi dinar economic phenomenon that will support the national currency&#8221;<\/em>\u00a0\u00a0Quote:\u00a0 &#8220;<em>Economist banks Rahim al-Adli suggested to the Central Bank of Iraq and the government &#8220;unrestricted flotation&#8221; Adoption in the auction currency instead of &#8220;limiting factor&#8221; that determines a fixed exchange rate to the dollar price<\/em>&#8230;&#8221;\u00a0\u00a0\u00a0\u00a0<strong>This is the plan, but they must create the conditions first by passing laws, etc. so investment comes in and the dinar appreciates.\u00a0<\/strong>\u00a0If they do it now, the dinar may devalue..which we do not want.<br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 09-28-16<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3286<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 09-28-2016<\/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>15<\/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>117,140,656<\/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>117,140,656<\/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;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0\u00a0 &#8220;<em>Jubouri ahead of us a historical responsibility to prosecute the corrupt and detection<\/em>&#8221;\u00a0\u00a0\u00a0<strong>HISTORICAL RESPONSIBILITY TO DETECT AND PROSECUTE THE CORRUPT&#8230;AND &#8220;<em>THE NEED TO SHIFT FROM A CRISIS SITUATION TO A STATE OF POLITICAL AND EXECUTIVE STABILITY<\/em>&#8220;<\/strong>&#8230; WOW!!! NUFF SAID&#8230;<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Parliamentary Finance: Financial Management Law will reveal flaws in the state&#8217;s economy<\/em>&#8230;&#8221;\uf010\u00a0\u00a0<strong>THAT IS PROBABLY THE BIGGEST AND MOST IMPACTFUL LAW WE HAVE BEEN WAITING FOR&#8230;\u00a0<\/strong>\u00a0SO&#8230;WILL BE DISCUSSED IN THE NEXT HoR SESSION&#8230;\u00a0 [which is next week right?]\u00a0 YES&#8230;TUESDAY&#8230;<strong><span style=\"text-decoration: underline;\">THE FLAWS THAT IT WILL REVEAL IN THE IRAQI ECONOMY&#8230;IS THE VERY REASON THE IMF HAS PUT SUCH WEIGHT ON ITS ADDRESSMENT.<\/span>..<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG (Dinar Guru) &#8211;<\/span>\u00a0<\/strong>\u00a0 Article:\u00a0 &#8220;<em>Urgent parliament obliging the government 10 days the progress of modifying the 2016 budget law<\/em>&#8221;\u00a0 [<em>why do the need to modify the 2016 budget<\/em>?]\u00a0<strong><span style=\"text-decoration: underline;\">\u00a0I suspect they have some &#8220;house keeping&#8221; to get in order at the &#8220;behest&#8221; of the IMF<\/span>&#8230; I know they have some missing line item things in the 2017 budget they have to get fixed as well&#8230; (about 12 billion worth of oil expense &#8211; from the sounds of it &#8211; IMF &#8220;no likey&#8221;&#8230; ).<\/strong><br \/>\n______________________________________________________________<\/p>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">firefly (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 &#8220;<em>Law No. (27) for the year 2016\u00a0<span style=\"text-decoration: underline;\">general amnesty<\/span>\u00a0Arabic Original Document 26 Sep 2016<\/em>&#8221;\u00a0<strong>\u00a0From the Iraq Local Law and Governance Library folks! \u00a0<span style=\"text-decoration: underline;\">In Print now.\u00a0 It is now Law<\/span>.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 [<em>The Investment Law&#8230;is a pretty direct law, any idea what &#8220;tweaks&#8221; need to be done<\/em>?]\u00a0\u00a0 I am not exactly positive about what they are doing with it &#8211; but\u00a0<strong>i<span style=\"text-decoration: underline;\">t appears they will make adjustments to an existing law to satisfy international pressures&#8230; and by all indications &#8211; it will happen soon. Probably one of the final pieces to the puzzle<\/span>.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 [&#8230;<em>is the big event that is supposed to happen by November 1 something that we will be a part of&#8230;or will it only be for Iraq, as when they went international in July, but was only for them<\/em>?]\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">Have said many time IMO RI is now with RV in 2017.<\/span><\/strong>\u00a0\u00a0 How can one complain on that opinion?\u00a0<strong>Have also given..two reasons why these seem to have been put ahead of it&#8217;s schedule.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Enorrste (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0 &#8220;<em>Iraq to the whitelist financially<\/em>&#8221;\u00a0 it is clear to me that this is all do to the workings of the IMF in the background. \u00a0<strong><span style=\"text-decoration: underline;\">I am actually beginning to think that the IMF may accomplish its goal which is to bring Iraq into the world market by early next year.<\/span>\u00a0<\/strong>\u00a0This is something that Iraq alone could not do but\u00a0<span style=\"text-decoration: underline;\"><strong>we are seeing small pieces of the puzzle coming together on a more and more regular basis ever since the IMF made its promise.<\/strong><\/span><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Stryker (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article of the Day!!!\u00a0 &#8220;<em>Iraq expects to move to the white list financially early 2017<\/em>&#8221;<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0\u00a0 Article quote:\u00a0\u00a0\u00a0&#8220;&#8230;<em>he said Hafiz said the deal is going on in economic circles on the text submitted an analysis of the budget in 2017 to be taken into account fundamental issues in dispute , particularly the exchange rate of the Iraqi dinar<\/em>&#8230;&#8221; \u00a0\u00a0<strong><span style=\"text-decoration: underline;\">they are in the middle of making some final &#8220;re-workings&#8221; on the 2017 budget&#8230; one of them sounds like some different exchange rate<\/span>&#8230;which is weird&#8230; how can they &#8220;decide&#8221; what the price of oil will be &#8211; or their exchange rate&#8230; unless they already know.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #008000;\"><strong>Dinar Updates \u201cAFTER CALL &#8211; LIVE\u201d!!<\/strong><\/span><\/h2>\n<h1 style=\"text-align: center;\"><em><strong><span style=\"color: #0000ff;\">\u201cDinar Q &amp; A Call!!\u201d<\/span><br \/>\n<span style=\"color: #ff0000;\">Tues &#8211; Sept. 27th 8:30pm EST<\/span><\/strong><\/em><em><strong><span style=\"color: #ff0000;\"><br \/>\nw\/RCookie, Mr White &amp; Hutch<\/span><\/strong><\/em><\/h1>\n<h2 style=\"text-align: center;\"><strong><a href=\"https:\/\/d.pr\/1kXmF\" target=\"_blank\" rel=\"nofollow\">Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><span style=\"color: #c23b3b;\">\u00a0<\/span><\/strong>\u00a0 Article:\u00a0 &#8220;<em>Rise in the market value of companies in the stock market<\/em>&#8221;\u00a0 Quote:\u00a0 &#8220;<em>Mustafa al &#8211; Hashimi\u00a0 headed Iraq Stock Exchange to contract with one of the Arab corporate systems and programming for increased activation of the trading process through Alanturnt.ozkr weekly report of the Stock Exchange, seen by the \u00abmorning\u00bb he hoped the signing of the Convention in October next month and that the service is launching in quarter the first of the year 2017<\/em>.&#8221;\u00a0\u00a0\u00a0<strong>\u00a0<span style=\"text-decoration: underline;\">THE ONLINE TRADING PLATFORM&#8230;THE SERVICE WILL BE LAUNCHED IN 1ST QUARTER 2017&#8230;AND THE ISX IS ALREADY REACTING IN ANTICIPATION&#8230;<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">SteveI (Dinar Guru) &#8211;<\/span><span style=\"color: #c23b3b;\">\u00a0<\/span><\/strong>\u00a0 &#8230;sit back, relax and let this darn frustrating investment come to you.\u00a0<strong>Follow the money and you will see that Iraq is going to be one heck of a powerhouse in the global market.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Rise in the market value of companies in the stock market<\/em>&#8221;\u00a0\u00a0 t<strong>hey are working towards opening an &#8220;online&#8221; version of the ISX<\/strong>&#8230;\u00a0does any of this look like they are delaying ANYTHING?\u00a0 &#8230;and just a quick note&#8230;several years ago &#8211; a BILLIONAIRE friend of mine told me directly &#8211;\u00a0<strong>the ISX will produce more new millionaires than the currency does&#8230;when they open that up &#8211; it&#8217;s ON!!\u00a0<\/strong>Sisi let the &#8220;cat out of the bag&#8221; the other day&#8230;<strong>Egypt is going through much of the same stuff with the IMF&#8230;he plainly said\u00a0<span style=\"text-decoration: underline;\">&#8220;they would revalue their currency before the end of 2016&#8243;&#8230;Iraq is way ahead of them.<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #800000;\">Call to activate direct investment in all sectors<\/span><\/h1>\n<p><strong>BAGHDAD &#8211; Al- Sabah &#8211;\u00a0<\/strong>stressed competent in economic affairs Ahmed expensive on the need to <span style=\"color: #ff0000;\"><strong>adopt swift measures do direct investment for its role in achieving the development of all economic sectors.<\/strong><\/span><\/p>\n<p>And <span style=\"text-decoration: underline; color: #ff0000;\"><strong>direct investment means the movement warheads global funds for the development of economic sectors achieve economic feasibility for all involved in the implementation of projects parties economic.<\/strong><\/span><\/p>\n<p>He is charged in an interview with \u00abmorning\u00bb: <span style=\"text-decoration: underline; color: #ff0000;\"><strong>that this type of investment requires starting from attracting direct investment climate that can have direct access to Iraq to provide.<\/strong><\/span><\/p>\n<p><span style=\"text-decoration: underline; color: #ff0000;\"><em><strong>He pointed out that Iraq is in dire need of the global effort sophisticated and specialist and world capital that must work to attract them to the country and invested in various sectors , production and service&#8230;<\/strong><\/em><\/span><\/p>\n<p><em><strong>Read More: <a href=\"http:\/\/dinarupdates.com\/blog\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/dinarupdates.com\/blog\/<\/a><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 &#8230;VND, ZIM, Rial and all the other HOAXES out there&#8230;<em>what makes Iraq (and their situation) different from all these others<\/em>?\u00a0<strong>\u00a0how many of these countries have met with ALL THE OTHER WORLD LEADERS in the last 48 hours&#8230;how many of them had some kind of &#8220;top billing&#8221; at the recent IMF summit?\u00a0 how many of them met with the President of the United States?\u00a0 how many of them have this kind of economic future?\u00a0 how many of these other countries are like Iraq?\u00a0 NONE.\u00a0 Not one&#8230;VASTLY different scenarios.<\/strong>\u00a0\u00a0<span style=\"text-decoration: underline;\">BTW &#8211; all of the stuff I mention about Iraq VS any other country &#8220;devaluing&#8221; has happened in the last 48 hrs!! Meetings, that&#8217;s just the last couple of days &#8211;\u00a0<\/span><strong><span style=\"text-decoration: underline;\"><em>so what makes Iraq different<\/em>?? EVERYTHING!!!<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span>\u00a0\u00a0<\/strong>\u00a0 Article:\u00a0 &#8220;<em>UNDP announces send anti &#8211; corruption investigators to Iraq next week<\/em>&#8221;\u00a0\u00a0\u00a0<strong><span style=\"text-decoration: underline;\">THE UN INVESTIGATORS TO FIGHT CORRUPTION ARRIVE IN IRAQ NEXT WEEK&#8230;JUST AS THE IMF ORDERED&#8230;CAN YOU SAY STABILITY.<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0\u00a0<span style=\"text-decoration: underline;\">it appears attacking the corrupt was one of the VITAL items on a short list that the IMF has been insisting on&#8230;<strong>It appears to me&#8230;the GOI is responding to the IMF, WB and UN &#8211; though they aren&#8217;t entirely happy about it&#8230;however, if they want &#8220;international acceptance&#8221;, they have little choice.<\/strong><\/span>\u00a0They must respond&#8230;Iraq has been under some version of an &#8220;IMPOSED RATE&#8221; since when?\u00a0 [2003.]\u00a0\u00a0 it&#8217;s not even an accurate value &#8211; &#8220;Grossly undervalued&#8221; is the term used by learned economists&#8230;<strong>SO &#8211; it stands to reason they are going to have to appease those who &#8220;IMPOSED&#8221; this rate to start with&#8230; and THAT, my friends, is what we are seeing play out before our very eyes&#8230;<span style=\"text-decoration: underline;\">those same actors that &#8220;imposed&#8221; can &#8220;unimpose&#8221; &#8211; it appears they have made this point very clear.\u00a0 Iraq is about IRAQ.\u00a0 Nothing else &#8211; AND it is the hottest topic in world finance right now. Period.\u00a0 With VERY GOOD REASON<\/span><\/strong><span style=\"text-decoration: underline;\">.<\/span>\u00a0 Abadi&#8217;s PM &#8220;brand&#8221; is HUGE right now&#8230;<strong>he&#8217;s moving Iraq forward mightily&#8230;they are moving with great speed.\u00a0 I think the future looks very bright for Iraq.<\/strong><br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 09-27-16<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3285<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 09-27-2016<\/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>31<\/td>\n<\/tr>\n<tr>\n<td>Number of remittance companies<\/td>\n<td>15<\/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>115,077,656<\/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>115,077,656<\/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;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>Article:\u00a0 &#8220;<em><strong>Parliament determines the sixth of October as the date for the interrogation of al &#8211; Jaafari<\/strong>&#8221;\u00a0 Quote:\u00a0 &#8220;MP Haitham al-Jubouri, Thursday, all documents and<strong>\u00a0evidence to prove &#8220;the involvement of&#8221; a large part of the &#8220;leaders&#8221; of the Ministry of Finance Bmufat marred by corruption<\/strong><\/em>&#8230;&#8221;\u00a0\u00a0<strong>\u00a0MARK YOUR CALENDARS&#8230;INSERT &#8220;ANOTHER ONE BITES THE DUST&#8221; SONG HERE..<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0&#8220;<em>Echoes of New York: World leaders praise the achievements of the Government of Abadi<\/em>&#8221;\u00a0\u00a0<strong>\u00a0A [Abadi] is Reporting and asking for Economic Reform help &#8230;\u00a0<span style=\"text-decoration: underline;\">As the calendar of Iraq was Moved Up to accommodate an Article 8 position with the IMF<\/span>.\u00a0<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Aggiedad77 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0 &#8220;<em>Echoes of New York: World leaders praise the achievements of the Government of Abadi<\/em>&#8221;\u00a0\u00a0 &#8230;<strong>things are being stepped up with Iraq now&#8230;<span style=\"text-decoration: underline;\">what I want to see is the action that transpires upon Abadi&#8217;s return from the US<\/span><\/strong>&#8230;hopefully before the weekend &#8230;<strong>he has the fortitude and the necessary ability to put the best spin on things for Iraq and the world&#8230;watch for Abadi<\/strong>&#8230;IMO.<br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #000080;\"><strong>Iraqi Dinar\/Dollar auction (most recent listing) 09-25-16<\/strong><\/span><\/h2>\n<p><strong>Currency Auctions Announcement No. 3283<\/strong><\/p>\n<p>This daily currency auction was held in the Central Bank of Iraq on the 09-25-2016<\/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>15<\/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>114,221,577<\/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>114,221,577<\/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>Read 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;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 &#8220;<em>Abadi adviser: IMF expressed its readiness to open up in front of his locker Iraq<\/em>&#8221;\u00a0\u00a0 Quote:\u00a0 &#8220;<em>The recent meetings in Washington DC between a number of countries and the Iraqi delegation headed by Prime Minister Haider al-Abadi, there was a very positive and promises from a number of countries and agencies for the reconstruction of Iraq<\/em>&#8230;&#8221;\u00a0\u00a0\u00a0 &#8230;<strong>FURTHER SUPPORT COMMITMENTS FROM IMF OVER AND ABOVE RECENT WB STATEMENT OF THE SAME&#8230;AND ADDITIONAL PLEDGES FROM OTHER COUNTRIES AWAY FROM UN GENERAL ASSEMBLY&#8230;THE WORLD IS IN THEIR CORNER<\/strong>&#8230;<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Frank26 (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0 Article:\u00a0 &#8220;<em>Abadi discussed with the International Monetary director of the implementation of economic reforms and diversification of resources&#8221;\u00a0<\/em>\u00a0\u00a0<strong>This is the next meeting with Iraq and IMF&#8230;In the first week of October.\u00a0\u00a0\u00a0BTW this 22nd until the 30th of October&#8230; They will have two more meetings<\/strong>&#8230; This is the first&#8230;<strong><span style=\"text-decoration: underline;\">\u00a0IOO when A returns&#8230;Much will be said of much that has been done.<\/span><\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Aggiedad77 (Dinar Guru) &#8211;<\/span><span style=\"color: #c23b3b;\">\u00a0<\/span><\/strong>\u00a0 Article:\u00a0 &#8220;<em>Echoes of New York: World leaders praise the achievements of the Government of Abadi<\/em>&#8221;\u00a0\u00a0 &#8230;I believe&#8230;Abadi would be reaching out to the IMF&#8230;the US&#8230;and the World Bank for support of their Economic Reforms&#8230;they would be sitting down with the international world asking for their support as well&#8230;<span style=\"text-decoration: underline;\"><strong>Indeed this is what we see rolling out of this trek to the US&#8230;these exact things<\/strong><\/span>&#8230;Let&#8217;s be extra watchful for what happens upon Abadi&#8217;s return to his homeland of Iraq&#8230;<strong>IMO&#8230;it could be very exciting and good&#8230;maybe even gooder for all who have a stake in this blessing<\/strong>&#8230;no date&#8230;no rate here of course.<br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #800000;\">IMF Statement on Iraq\u00a0<\/span><\/h1>\n<h2>September 21, 2016<\/h2>\n<p><img decoding=\"async\" class=\" alignleft\" alt=\"imf\" src=\"http:\/\/www.imf.org\/~\/media\/Images\/IMF\/imf.ashx?h=104&amp;la=en&amp;w=363&amp;hash=F915B0E26A29CFDEEBFF192F331592A079976C83\" \/>Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), issued the following statement today:<\/p>\n<p>\u201cIMF Managing Director Christine Lagarde met on September 21 with Iraq\u2019s Prime Minister Haidar Al-Abadi in New York on the sidelines of the United Nations General Assembly meetings. During the meeting, they discussed Iraq\u2019s IMF-supported economic reform program that was approved by the Executive Board on July 7, 2016.<\/p>\n<p>\u201cThe Managing Director welcomed the Iraqi authorities&#8217; economic program, which is being supported by a $5.34 billion Stand-By Arrangement (SBA) from the Fund approved in July 2016. The Managing Director and the Prime Minister exchanged views on how the SBA can help Iraq address the shocks posed by violent attacks and the drop in global oil prices. The Managing Director reiterated the importance of strong commitment to sound policies and decisive action on key reforms that are crucial to yield the largest gains for Iraq\u2019s population.\u201d<\/p>\n<h3><strong>IMF Communications Department<\/strong><\/h3>\n<p><em><strong><a href=\"http:\/\/www.imf.org\/en\/News\/Articles\/2016\/09\/21\/pr16419-IMF-Statement-on-Iraq?hootPostID=afc2530d7cd8829997396c3b43282254\" target=\"_blank\">http:\/\/www.imf.org\/en\/News\/Articles\/2016\/09\/21\/pr16419-IMF-Statement-on-Iraq?hootPostID=afc2530d7cd8829997396c3b43282254<\/a><\/strong><\/em><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">SteveI\u00a0(Dinar Guru) &#8211;\u00a0<\/span><\/strong>You get Mosul completely done, move the army to the border, and then finally great times ahead for all.<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">firefly\u00a0(Dinar Guru) &#8211;<\/span><\/strong>\u00a0 Nobody seems to be talking about the UN meeting&#8230;With Abadi and Iraq.\u00a0 Big is putting it mildly.\u00a0\u00a0 All I will say is it coincides with the previous G20 meeting in China.\u00a0 Also &#8230;. Zebari is going NOWHERE!<\/p>\n<h2><span style=\"color: #0000ff;\"><em>BGG ~ Really?? NOWHERE!?!<\/em><\/span><\/h2>\n<p>______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">rcookie (Dinar Guru) &#8211;<\/span><\/strong>\u00a0 Article quote:\u00a0 &#8220;<em>Hussain urged the government to sign more agreements air with other countries, especially that Iraq is on the verge of commercial traffic and open its market to foreign capita<\/em>l&#8230;&#8221;\u00a0<span style=\"text-decoration: underline;\">\u00a0<strong>IRAQ ON VERGE OF COMMERCIAL TRAFFIC AND OPEN ITS MARKET TO FOREIGN CAPITAL<\/strong><\/span>&#8230; BOULYAAAAAAAAAAAH!!!<br \/>\n______________________________________________________________<\/p>\n<h1><span style=\"color: #800000;\">Iraq:<\/span><\/h1>\n<h2>Letter of Intent, Memorandum of Economic and Financial<br \/>\nPolicies, and Technical Memorandum of Understanding<\/h2>\n<p><center><a href=\"https:\/\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/09\/122215-LOI.pdf\" class=\"pdfemb-viewer\" style=\"width:500px;height:700px;\" data-width=\"500\" data-height=\"700\" data-toolbar=\"both\" data-toolbar-fixed=\"on\">122215-loi<\/a><\/center><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Shredd (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0<\/span>\u00a0\u00a0<strong>\u00a0So, in summary, the &#8220;paying&#8221; for your exchange is passed on and the only entity that would ultimately lose money out of pocket per se would be the investor who was holding the dinar at the time if it would crash in value.<\/strong>\u00a0This general rule applies in all levels of investment &#8212; buying low and selling high. We just get the benefit of the biggest jump in the difference of the two!\u00a0 To that point, I personally plan on initially exchanging a certain percentage of my dinar and holding on to the remaining with the hopes of an even greater gain further down the road.\u00a0\u00a0 [post 3 of 3]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Shredd (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0<strong>\u00a0<\/strong>As far as who &#8220;pays&#8221; for the increase,\u00a0<strong>we can&#8217;t look at currency exchange as a finite transaction, a &#8220;one-and-done&#8221; if you will.\u00a0<span style=\"text-decoration: underline;\">Rather, it&#8217;s an ongoing transaction<\/span><\/strong>&#8230;<br \/>\n1. You bought the dinar at a low rate (this is the part of investment where the investor makes their money&#8230;.on the low buy)<br \/>\n2. The value grows (this is driven by the market and no transaction happens in this step)<br \/>\n3. You sell your dinar (you get the gain and the exchanging bank deposits the USD in your account after verifying)<br \/>\n4. The exchanging bank exchanges the dinar with the dealer (thus balancing their &#8220;paying&#8221; for the initial exchange)<br \/>\n\u200b5. The dealer resells the dinar at the current rate (thus balancing their &#8220;paying&#8221; for the exchange bank&#8217;s exchange)<br \/>\n6. The new buyer of the dinar ultimately &#8220;paid&#8221; for your initial exchange but they also hold the dinar at the new value and can exchange it again as the rate increases. Once they do, they balance what they &#8220;paid&#8221; for their purchase plus gained a bit since they chose to trade&#8230;and on and on it goes from here.\u00a0\u00a0\u00a0 [post\u00a02 of 3&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Shredd (Dinar Guru) &#8211;<\/span><\/strong>\u00a0\u00a0 [<em>Who pays for the delta\/increase between the current rate and the increased rate we hope to receive<\/em>?]\u00a0 When you exchange your dinar for USD, the bank will verify the authenticity of the currency (either internally or with a vendor) and once the transaction is complete,<strong>\u00a0<span style=\"text-decoration: underline;\">the bank DOES NOT hold onto it but rather will exchange it again to USD with a foreign exchange dealer in what is referred to as the interbank market.<\/span>\u00a0The bank will set the rate based on the market and demand and will of course take their cut (spread)<\/strong>.\u00a0<strong>The foreign exchange market works through financial institutions, and it operates on several levels with few insurance companies and other kinds of financial firms are involved.<\/strong>\u00a0Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, forex has little (if any) supervisory entity regulating its actions.\u00a0 If you sell your dinar back to the broker you purchased it from, they will exchange with a large bank and the above process takes place the same.\u00a0 [post 1 of 3&#8230;.stay tuned]<br \/>\n______________________________________________________________<\/p>\n<h1>IRAQ<\/h1>\n<h2><span style=\"color: #800000;\">STAFF-MONITORED PROGRAM\u2014PRESS RELEASE; AND<\/span><br \/>\n<span style=\"color: #800000;\"> STAFF REPORT<\/span><\/h2>\n<p><center><a href=\"https:\/\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/09\/cr1611.pdf\" class=\"pdfemb-viewer\" style=\"width:500px;height:700px;\" data-width=\"500\" data-height=\"700\" data-toolbar=\"both\" data-toolbar-fixed=\"on\">cr1611<\/a><\/center><br \/>\n______________________________________________________________<\/p>\n<h2><span style=\"color: #0000ff;\"><em>Rcookie: &#8221; WOW WOW WOW WOW!!&#8221; &#8221; Just saw the Parliament agenda for tomorrow (today &#8211; Thurs). 1st item on agenda&#8230; INSERT DRUM ROLL.!!!! 1st reading Financial Management Law.<\/em><\/span><\/h2>\n<p>BOULYAAAAAAAAY!!!!!!!!!!!!!!!<\/p>\n<p>Right from the IMF letter of intent\/ MEFP\/TMU (see below)&#8230;<\/p>\n<h1><span style=\"color: #800000;\">Iraq:<\/span><\/h1>\n<h2>Letter of Intent, Memorandum of Economic and Financial<br \/>\nPolicies, and Technical Memorandum of Understanding<\/h2>\n<p><center><a href=\"https:\/\/www.dinarupdates.com\/blog\/wp-content\/uploads\/2016\/09\/06192016LOI.pdf\" class=\"pdfemb-viewer\" style=\"width:500px;height:700px;\" data-width=\"500\" data-height=\"700\" data-toolbar=\"both\" data-toolbar-fixed=\"on\">06192016loi<\/a><\/center><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">BGG (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>Article:\u00a0\u00a0&#8220;<em>Parliament dismisses Hoshyar Zebari<\/em>&#8221;\u00a0\u00a0&#8220;<em>Jubouri: We will respect the Federal Court &#8216;s decision on answers Zebari<\/em>&#8221;\u00a0\u00a0 Quote:\u00a0 &#8220;<em>House of Representatives voted to dismiss Finance Minister Hoshyar Zebari on the background of corruption charges<\/em>&#8221;\u00a0<strong>\u00a0Parliament dismisses Hoshyar Zebari&#8230;Which is &#8211; (all of their pursuit of corruption) &#8211; one of the key points the IMF has made to them<\/strong>&#8230; they HAVE TO DEAL with it&#8230;<strong>they are doing exactly what the IMF has advised them they must do<\/strong>&#8230;\u00a0 Quote:\u00a0 &#8220;&#8230;<em>the first phase of the standby credit agreement with the international Monetary Fund included several reform requirements of the Iraqi economy, and performance standards, and financial management reform<\/em>&#8230;&#8221;\u00a0\u00a0\u00a0<strong>&#8230;they are responding to their IMF supervision.<\/strong><br \/>\n______________________________________________________________<\/p>\n<p><strong><span style=\"color: #c23b3b;\">Shredd (Dinar Guru) &#8211;<\/span><\/strong><span style=\"color: #c23b3b;\">\u00a0\u00a0<\/span>\u00a0Article: &#8220;<em>Iraq Stock Exchange launches instructions online trading system for investors<\/em>&#8221;\u00a0 Quote:\u00a0 &#8220;&#8230;<em>the market identified instructed disclosures required of brokerage firms, which contain procedures to disclose the risks associated with an investment models dealing with investors (Know Your Customer KYC), and commissions that Satkadaha mediator, as well as the requirements are carried out by investors to agree to their trading via the Internet<\/em>&#8230;&#8221;\u00a0\u00a0<strong>this is a very good article and yet another reminder of the progress Iraq has and is making. Investors vetted via KYC and having access to easily trade electronically are huge foundational necessities for both public and private investment.<\/strong><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!! 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