Dinarland Highlights – 2.14.22
Mountain Goat
Remember currently the IQD RATE is NOT reflecting the true IQD VALUE…legally they needed to get out of sanctions and now with the release from Chapter VII fully and the Center for Banking Studies organized a symposium on removing Iraq from the European Union’s list of high-risk countries. Can the news get any better. Hang in there and be patient the gift if coming to us…
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MilitiaMan (KTFA)
Article:
“Mazhar Muhammad Salih talks about the dollar exchange rate in the general budget“
IMO this sort of article from Salih is and was expected to come out…
Quote:
“The Central Bank of Iraq revealed the fact of the move to raise the dollar exchange rate and fix it at the price of 150 thousand dinars for the $100 bill.“
If the fact is that the rate is to be fixed at 1500 that means they are right where they want be. Drop the three zeros and wa la.. $1.50 IQD / $1.00 USD…IMO
The WTO has had meetings with respect to Iraq’s ascension into the organization…Imports and exports are going to be on steroids once they interlink all the borders and ports with digital transparency. The income is going to support their new exchange rate, just as the gold reserves, the Sulphur , the liquid natural gas, oil, tourism, agriculture, etc..
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Kaperoni
change is imminent as soon as the UN frees Iraq from Chapter 7 [?] Iraq has been out from UN chapter 7 for quite a while now…Paying off Kuwait the final post war retributions has nothing to do with UN sanctions.
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MarkZ
[via PDK]
Should be a busy week…My redemption center folks are in meetings this morning for updates on what to expect this week…The Fed has a “closed door meeting” today on rates. We will be watching for the outcome on that. That meeting is going on even as we speak. The Fed has backed themselves into a corner… I have not received any negative news. Except of course that we haven’t gone yet.
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Frank26 (KTFA)
The articles we’re seeing right now, they’re the article that we’ve always dreamed of for our investment…
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Fleming
…According to a financial minister in Iraq , the new Dinar rate is approved to start at $3.20 USD/1 Dinar and will float with the market. The dinar rate will rise quickly, as the CBI (Central Bank of Iraq ) pulls in the (old) obsolete Dinar notes from all over the world to launch the GOLDEN DINAR. As soon as oil reaches a value of $120 a barrel for sweet crude, Iraq is planning to fix the rate of dinar at $3.20. Iraq can RV anytime. Today, tomorrow, is on the table. Now that Iraq ’s presidential election is solved we are looking at $3.20 immediately…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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