Dinarland Highlights – 12.18.21
Some banks are targeting Saturday for their first public exchange activity. [Time Will Tell]
It’s very simple. They need to make sure that they can get out from the US dollar (not offend the United States doing it) and add value to the currency. And guess what – That’s exactly what they’re doing. It’s step-by-step-by-step…you should have a huge smile and grin on your face because you know what’s coming…zero hype. 100% pure policy…they’re going to revalue. They’re going to add value to their currency. It’s going to be phenomenal…
[What can I expect to get for Dinar and dong?]
…I am hearing somewhere around $4.80 for the dinar and somewhere around $2.30 for the dong.
People are saying, ‘Hey once the Iraqi dinar is on the Forex then that’s when things really change.’ ...straight from the Forex, “Can I trade the Iraqi dinar? At this time forex.com does not offer trading in the Iraqi dinar…” At the moment you can see the IQD is not even traded on the Forex so that’s another step that has to be taken. But first and foremost they have to get out of Chapter 7. Once they’re out of Chapter 7 I think you’re going to see things happen very quickly. World Trade Organization, sovereignty restored, the increase in oil production, removed off the blacklist in the UK. The Iraqi people are going to have a lot to celebrate. Their purchasing power is going to increase…if we’re going to see an actual RV or RI it’ll happen right before they’re put on the Forex. I still think it’s going to go up in increments – I know. Don’t boo me.
I still think it’s going to go up in increments. I still think at the very least they can restore it back to the rate it was prior to this earlier devaluing…our time will come. Right now the people in Iraq they should come first. They need to get away from depending so much on oil. They really need to develop their private sectors…
“Economist: What the Central Bank has achieved in terms of monetary reserves requires the government to reduce the exchange rate“
…In 2003 the rate was about 4500 to 1. It has been reduced to 1460 and continues to be reduced until they get to 1 to 1. It started as a very large number and it has to be reduced to 1 to 1 ratio. That’s what they’re doing so they can de-peg from the American dollar and be…1 to 1 on par with it. Now let’s go international because we got a lot of people that want to use the Iraqi dinar. The value internationally is going to skyrocket.
The central bank of Iraq has hooked up with all the banks that we can think of around the world. I know people talk about a GCR but that’s not what’s going on. Ironically enough every currency on this planet Earth is interested in talking to Iraq ‘s Central Bank...every bank in the world is visiting the CBI right now and talking behind closed doors…
JUST IN…Money is moving!!! Celebrations behind the scenes as transfers are being made. You are next!!!
I was thinking with the new administration this reset wouldn’t happen. I thought it was pushed off and I thought we were out of luck but it actually seems like they’e pushing it even harder. They’re pushing it faster…the stage is being set…
…Comparing Kuwait to Iraq…all misdirection. LOL. No, Kuwait has 40 billion in circulation and Iraq has 100 trillion. Do the math, there is no RV.
…We had a great week with moving many pieces on the puzzle board in position. So much behind the scenes is going on. It has always been about safety and security. The release will not happen till that happens. From what I heard that has happened and we are waiting on the final release. That can occur anytime between now and Christmas…
“The Board of Directors of The Arab Monetary Fund will hold its two hundred first meeting on Thursday 16, 2021”
“Successful completion of the first-of-its-kind joint experiment of interconnection between the “Bunna” platform for Arab payments and the European Instant Payment Settlement System to carry out instant payment settlement business in multiple currencies”
The most important part is the system has been tested successfully and with multiple currencies, imo that includes the Iraqi Dinar. With the amount of news coming out from the AMF and the CBI we can clearly see that the digital transformation is well under way. ...Yes, indeed we are in a great place.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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