Dinarland Highlights – 6.20.21
Almost a year after it was written, Iraq still has not implemented the majority of the ‘white papers’ which were designed to diversify Iraq’s economy. I assure you, Iraq has no intention to raise the value of the dinar under the current conditions. Iraq must pass laws and create a suitable investment climate before the dinar could ever appreciate in value.
…as I’ve stated numerous times the Iraqi dinar is pegged to the US dollar so outside the country the exchange rate is fixed and does not change. Until they decide to unpeg and float the dinar there will be no International change in the currency value.
We haven’t had any kind of disruptions recently. No civil unrest. No protests. No missiles. No terrorist attacks. No Iran being bullies. It looks like foreign companies are coming in to do business. Looking real good. And the dinar is going in the right direction.
“Al-Kazemi’s advisor: The Central Bank is able to control the exchange rate of the dollar against the Iraqi dinar“
“The Central Bank had confirmed the stability of the dollar exchange rate and the absence of any intentions to change it.”
People keep talking about this…that a rate change is coming – coming sooner than you know. I believe it’s going to change too but not that dang soon…I’m surprised it’s taken this long but hang tight it’s going to happen…
Several bank sources are expecting to see LIVE rates on Sunday evening when the Forex market opens at 5:00 PM, Eastern. Top level personnel are told to start “checking” their systems starting Sunday afternoon in preparation of strategic conference calls. They are planning on being extremely BUSY next week.
The anticipated rates are as follows: Dinar range is $3.70 to $3.95; Dong range is .42¢ to .62¢… TIME WILL DEFINITELY TELL!!
The U.S. Treasury directly told the CBI, ‘Raise the value of your currency‘…we have articles – IMF telling the CBI, ‘Raise the value of your currency‘ directly. I mean directly the World Bank tells the CBI, ‘Do it. Do it. You’re sovereign. Raise the value.’…Look at all of those that are telling them to raise the value of their currency beside you.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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