Dinarland Highlights for June 1, 2021

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Dinarland Highlights – 6.1.21

Frank26 (KTFA)

[Now the World Bank is taking about how Iraq has dropped to a negative 10% GDP.]

What did I tell you about the GDP?  So now the World Bank comes out and starts telling you about the GDP figures.  Why?Because they’re about to give you the new exchange rate

1460 isn’t bad enough?  You want to lower it more to 1553 or 1560?  Kazemi didn’t say that.  Mustafa didn’t say that.  Idiots said that…only pay attention to the governor of the CBI not the parliament idiots, not some CBI employee…

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Jeff

Article:
A proposal to raise the exchange rate of the dollar against the Iraqi dinar again

…devaluing the dinar improves the economics for the government of Iraq.  Obviously it hurts the people because the cost of goods and services go up in value but devaluing the dinar definitely helps the federal government.  That’s why they’re doing it…recent articles from parliament finance committee have come out suggesting that they would like to consider using the current exchange rate for a long period of time.  Roughly three more years…

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MarkZ

[via PDK]

we really are sitting at the edge of our seats today.  I am being told they are testing the banking system all across the globe right now…I am told we could be in the banks as early as Friday of this week for appointments. But it is all right now based on progress over the next 24 hours…They are definitely leaning on us not to share any specifics right now.

[Any lower denomination in Iraq?]

I have been unable to prove or disprove if they are out. I am hearing from people in the markets there that exchange rates are fluctuating for cash dinar…but stay the same for digital dinar.

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Walkingstick (KTFA)

[via Frank26]

They are in meetings now.  Topics about disbursement of new notes, time frame, note count etc…

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Pimpy

Article:
Advisor Al-Kazemi reveals that there are 50 Trillion dinars outside the control of the banking system

I think they’ve only printed out 55 trillion.  That means they control 9% of their money.  This is not good…it looks like we’re heading down that path that we do not want to be in…

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Holly

I am remaining quiet and allowing the process to unfold. This is our week…

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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