July 30, 2015

News About Iraqi Dinar

Iraqi Dinar Exchange Rate

Currency Exchange News

Adviser Abadi: we import 70 tons of gold per year and decline proves the strength of the dinar

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/r0PdlKBlCNc/adviser-abadi-we-import-70-tons-of-gold-per-year-and-decline-proves-the-strength-of-the-dinar-321575

Economic Adviser to the Prime Minister stressed the appearance of Mohammed Saleh, in an interview, Monday, that Iraq imports annually about 70 tons of gold, while pointing out that the decline in gold shows the strength of the Iraqi dinar.

Saleh said, “The large amounts of gold per year intervention in Iraq, ranging between 60-70 tons,” adding that “the abundance of gold with the power of the Iraqi dinar led to lower prices in the local markets.”

Saleh added, that “the global gold prices have fallen dramatically, and decline to make the price of gold is currently less than it was in 1978,” attributing the cause to “purchasing power of the citizen, which was low at the time compared to the current time enjoyed by Iraqi high purchasing power,” explaining that “Other causes that have led to a decline in the price of gold, is the stability of the Iraqi dinar and the high associated with the high dollar is also globally against other currencies.”

The price of gold in the Iraqi market dropped below 200 thousand dinars per weight after it was ranging between 250 thousand to 300 thousand dinars per weight.

LINK

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Is it legal to buy the Iraqi Dinar?

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/V1VIRaSY2zo/is-it-legal-to-buy-the-iraqi-dinar-321384

Breitling [Is it legal to buy the Iraqi Dinar?] You can buy anything you want! It used to be people saying it was illegal to buy it BUT you had all these banks buying it…Chase Bank. Bank of America had a seat on the auction floor in Iraq itself. There is no law against buying any currency.

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THE ONE AND ONLY FACT ABOUT THE IRAQI DINAR

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/8_dwcXAQG74/the-one-and-only-fact-about-the-iraqi-dinar-320970

Sczin11:   HERE IS THE ONE AND ONLY FACT ABOUT THE IRAQI DINAR WE HOLD…AT THE PRESENT TIME IT IS THE REAL CURRENCY, CURRENTLY USED, BY A COUNTRY AND NO ONE, NOT EVEN FORMER PM MALIKI, CAN ARGUE THAT FACT. THERE HAS BEEN NO MENTION OF REPLACING THE OLD CURRENCY, AND MAKING IT VOID…LIKE THE OLD FIFTY NOTES.

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Has the CBI been making preparations to raise the value of the dinar?

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/tnpAgPniz1g/has-the-cbi-been-making-preparations-to-raise-the-value-of-the-dinar-320893

Enorrste:   Article quote – “The fiscal and monetary authorities in Iraq now that is seriously considering (and bravely) adjust the exchange rate of the Iraqi dinar and including in line with the real price for the operation of the economy and the productive sectors, we know that it will be at the expense of all of our dreams strongly Iraqi dinar.”

We have seen ample evidence over the last months that the CBI has been making preparations that will lead to a strengthening of the Iraqi economy and the raising of the value of the dinar. On the other hand, we have NEVER heard from anyone that there might be a plan to lower the official value of the dinar.

Therefore, I conclude that Turki is simply stating what we all know: that the CBI is planning to raise the value of the dinar and that it is taking an act of bravery to do so, given the current financial crisis. Article quote: “we know that it will be at the expense of all of our dreams strongly Iraqi dinar, which was worth US $ 3.33 and 2.4 pounds, and became in 1979…”

Turki goes further, by referring to the “goal” of $ 3.33 per dinar that existed in 1979. In other words, he is referencing the “plan” that has existed since 2007 to return the dinar to its original value of $ 3.33 per dinar.

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HOW STRONG THE DINAR COULD BE

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/nba__Xy5Z3M/how-strong-the-dinar-could-be-320777

Millionday:   Article quote – “…the fiscal and monetary authorities in Iraq now that is seriously considering (and bravely) adjust the exchange rate of the Iraqi dinar and including in line with the real price for the operation of the economy and the productive sectors, we know that it will be at the expense of all of our dreams strongly Iraqi dinar, which was worth US $ 3.33…”

THIS IS…TURKI TALKING ABOUT THE DREAMS OF HOW STRONG THE DINAR COULD BE — THIS IS DATED JULY 8TH STATING IT WAS WORTH $ 3.33 — SMILE.

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The continuing saga about the Iraq dinar revaluation

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/pyn-dwABVOs/the-continuing-saga-about-the-iraq-dinar-revaluation-320763

Mnt Goat: Grüße aus Bayern.

The news is a continuing saga about the Iraq dinar revaluation. If you have not done so already please read my news letter from 7/7 since this is yet more news on this topic.

I know I must sound like a broken record once again but I can assure you, until there is the needed physical security and political stability in Iraq there will be no currency revaluation.

So if I could summarize any events that I would now we watching for, these are the events I describe today in this news letter. Through these events they might even give us some clear clues as to how close we really are to the currency reform in Iraq.

[Today’s News]

Today is Saturday July 11th and still no RV. Everything is progressing forward. I need everyone to stay focused on these events I am describing to you today. We can not give up hope on this situation in Iraq. There is simply way too much PTB interests in this region for them to give up and run.

Are we going to see an RV this weekend? I can absolutely, positively tell you there will be NO ANNOUNCEMENT of an RV this weekend or in the coming week. Sorry!

I say this not because I am thinking it but because I know it for a fact. Like I have said many times, I know that a three letter agency is using these sources of information (forums and conference calls) to pass misinformation to everyone. They are now doing this constantly to discredit those that are gullible (and dumb) enough to pass it along to you. Can you now see through this web of constant deception?

So if not this week then when will the RV happen?

How many times must I tell you. The RV will happen as a by-product of the situation in Iraq. When they have ENOUGH political and security stabilization they will chose to pull the trigger on the RV. From all my sources I am hearing they have NOT yet reached this level but are moving forward rapidly.

No! – the terrorists will NOT have their way. This will not drag this effort on forever. Please read the articles. They are telling us so much.

They may have caused yet another delay in the freedom process for Iraq but the overall plan will inevitably triumph. Remember too it is not just ISIS in itself but a long history of the Maliki as the ring leader and his band of goons as terrorists in Iraq and assisting in Syria.

As we know the earth evolves. One thing we know for sure is time will change everything. Time is always our friend or our enemy. We too will live today and die some day. Terrorism, just as it once did not exist, will also fade away an once again that era along with it. More peaceful times are ahead.

You see folks this evil, satanic monster erects it ugly head over and over again. This is the challenge of society. This is our challenge as human beings wanting to live in love and prosperity.

So our way of life is constantly being challenged and we must meet that challenge but in the process we must never give up hope.

Just remember all those that were confined in concentration camps in WWII. Some say the survivors were lucky, but in reality they just never gave up on hope and never stopped believing in their dreams of liberation and freedom.

If you read about these victims they will tell you over and over again what truly kept them alive. It was their thoughts, simply their thoughts! Their thoughts of constantly dreaming not about their situation but about another life of abundance and prosperity. I know this is hard to do when you are knee deep in crap but you must arise to this challenge and stay sane through this entire process.

For if you don’t then what good will this benefit you. You would have wasted…simply wasted al these years. So how will you come out the other side – will it be healthy, wealthy and wise?

Today we don’t give up. We move forward and meet the challenge ahead to combat terrorism. We know that this investment is much more than just an investment or a speculation. It is really about meeting the challenge of fighting global terrorism. We are all now involved in this effort like it or not.

Once again, like fighting Fascism and Nazism during WWII, we are now faced with this new monster, this new challenge in our generation. Like many who ignored and denied the plight of the millions of imprisoned Jews will we too, in our generation, ignore the millions of homeless refugees in the middle east?

So now in our challenge to stay focused in this investment. I wanted to keep this news letter today very short. I have gathered some information on events that I see coming to us in the very near future. These are nothing new to us since I have talked about them many times already.

Let us now look at these five (5) items below.

1) Amnesty is huge as I have told you in many of my news letters and will continue to tell you. Many have said they will not fight the battle for Mosul without Amnesty, they are about to start the battle, so is amnesty now done? Iraq has said a final vote is coming next week.

2) When we hear that those F16s finally being sent over from Arizona USA

3) When Maliki is gone (ICC is about to arrest him, Abadi already told Dowa party to find another candidate for his VP position, Maliki was given to July 8th to resign or take the hard road, it’s now July 11th. We await for the news.

4) First payout of HCL money to Iraqi citizens (finance ministry said they would do it in the June/July timeframe, it is July 11th already)

5) Completion of the decentralization plan by August 6th (must get the final vote on the Federation Council and get these provincial National Guard units established). Their date not mine.

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Dinar Dreams

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/zelPp9GpetY/dinar-dreams-320758

Millionday “…the fiscal and monetary authorities in Iraq now that is seriously considering (and bravely) adjust the exchange rate of the Iraqi dinar and including in line with the real price for the operation of the economy and the productive sectors, we know that it will be at the expense of all of our dreams strongly Iraqi dinar, which was worth US $ 3.33…” THIS IS…TURKI TALKING ABOUT THE DREAMS OF HOW STRONG THE DINAR COULD BE — THIS IS DATED JULY 8TH STATING IT WAS WORTH $ 3.33 — SMILE.

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Expectations constantly fluctuating dinar exchange rate

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/0yCF2V8v9zk/expectations-constantly-fluctuating-dinar-exchange-rate-318900

Iraqi banking official predicted continuing volatility of the dinar exchange rate against the dollar in the near term due to increased demand for hard currency, after the financial authorities recently taken new measures in an effort to support the local currency. The record of the Iraqi dinar significant decline against the dollar for the first time in years, the exchange rate was about 1230 dinars to the dollar after it was flat for the past years by about 1220 dinars to the dollar. A member of the administrative board of the Central Bank said that “the approved measures to increase the supply of the dollar in the Iraqi market has been unable to cover the increasing demand for the dollar, presumably to other government agencies outside the central bank, banks should take other measures to combat capital flight operations.” He added that “the Iraqi Central Bank grants $ 125 thousand for each banking institution in the country,” pointing out that “financial speculation and lack of security and political stability in the country helped the decline of the Iraqi dinar exchange rate.” The central bank sells at auction its currency per US dollar to 1179 dinars, private banks and the companies, but it does not sell directly to the citizens, while private banks authorized to sell to sell the currency, the dollar B1189 dinars, for citizens directly.

LINK-http://aletejahtv.org/index.php/permalink/60613.html

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A 50 Dinar note worth 43 dollars?

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/L7AJ55lKQes/a-50-dinar-note-worth-43-dollars-318037

BGG:   Article – “Central bank of Iraq to issue large-value banknotes”

Quote: “In an important step to support the economy through monetary reform, the Central Bank of Iraq plans to issue banknotes with larger values than the ones in circulation…”

they plainly said “large value notes”…Large value – NOT LARGE…WOW!

[Please give an example of Large —VALUE note.]

By their own admission – a 50 Dinar note worth $ 43.00 – that would be a large value note. looks like things are about to get interesting.

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YOU WON’T HAVE TROUBLES EXCHANGING YOUR DINAR

Source: Dinar Daddy’s Tidbits
URL: http://feedproxy.google.com/~r/115/BKGb/~3/E63Rp5mg-r4/you-wont-have-troubles-exchanging-your-dinar-317993

Poppy3:   GOTTEN SEVERAL EMAILS OVER THE WEEK END AND EVIDENTLY SOME [ONE] HAS AGAIN BEEN SAYING THAT BANKS ARE TRAINING NEW EMPLOYEES FOR A RUN ON THE BANK WHEN THE RV HAPPENS. …IN AMERICA LESS THAT 1% OF PEOPLE EVEN KNOW WHAT A DINAR IS MUCH LESS ARE INVESTED IN THEM. SECOND MORE THAN 80% OF AMERICANS ARE PAid on friday YET ON FRIDAYS WHEN MOST BANKING IS DONE WEEKLY THERE ISNT A RUN ON THE BANKS THAT REQUIRES MORE TRAINED TELLERS…THERE WILL NOT BE A RUN ON THE BANKS…ALL IS WELL AND YOU WON’T HAVE TROUBLES EXCHANGING YOUR DINAR ONCE WE GET A RATE TO WORK WITH.

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