Dinarland Highlights – 2.15.22
…Will we hear about Iraq’s new currency before Wednesday? It’s possible. The IMF likes the 1st and the 15th for announcing new rates.
Although there’s one more month in this first quarter. That’s one more month for this to drag on until further actions can take place that make this difficult situation even more difficult. We can only stay informed and stay tuned, as we wait and see what will occur…
Iraq is stick-a-fork-in-it-done. They are celebrating and dancing in the streets in joy for their Sovereign National Wealth. With oil at $92/barrel, heading up to $120, it’s a huge amount. The Iraq People, with their commitment as a major provider of oil…, they have a very bright future outlook.
“AFTER PAYING ALL COMPENSATION TO KUWAIT… HAS THE IRAQI ECONOMY BEEN LIBERATED?”
…removal from Chapter VII and movement to operating under Chapter VI will change the economy of Iraq…Operating under Chapter VI of the Charter will liberate the Iraqi banking system and integrate it with the global banking system, something that could not have fully happened while under Chapter VII…
…prior to this release any financial returns in hard currency (oil revenues) did not go directly to Iraq, but through the United States Federal Bank. So, in the future, oil revenues will go directly to Iraqi Central Bank (CBI)…Do you see where this is going? On Feb 9 in a UN council meeting, it was decided that the UN would release Iraq from all Chapter VII sanctions on Feb 22. In this case the US Treasury OFAC sanctions should also be released as well as any sanctions by the EU.
[Frank26 said last night they should have the government in place within 48 hours not the 22nd]
I think they can RV at any time. …they don’t have to wait for the 22nd…but there is sure a lot of chatter about the 21st and 22nd…There is also chatter that Iraq may have already changed its rate…but, folks on the streets are not trading at a higher rate yet…There has been zero bad news. Redemption Cents are keeping a skeleton crew on all week in the hopes something happens this week…I believe we are at the end of the race – just waiting to cross that finish line.
Iraq continues to release articles about international cooperation and International trade with Kuwait and many other countries. Also many articles being released on how they need to raise their rate to be on a “even playing field with Kuwait” Whom they expect to be one of their major trading partners.
Walkingstick and Frank26 (KTFA)
There can be a lot of negativity out there…there can be a lot of articles that lead you in an opposite direction…there are a lot of misinformation about [what] the parliament and GOI and the CBI and now the full cabinet of Kazemi are doing. What they’re doing is continuing with the plan.
[Iraq boots-on-the-ground TV report]
FIREFLY: Seleh is talking about the dollar exchange rate in the budget. He’s saying it should be 150,000 dinar to 1 American dollar…this is without the zeros. He’s talking about 1.50 to $1…we’re not sure but he’s saying budget should be this.
FRANK26: Directly from the horse’s mouth…he tells the citizens…you’re going to be 1 to 1…it may be 1.50 to 1 before we even bust out of the gates.
“After the barrel price reaches 95 dollars, will the exchange rate be restored?“
“Al-Maksusi confirmed the possibility of returning the dollar exchange rate to its previous rate, but not at the present time.“
That is exactly what they are going to do, as promised by politicians. They are going to complete the project to delete the zeros…They are not going to to tell the world that they are going to change the exchange rate with a specific time and date. That would be suicide, likely illegal and or both… Not to mention insider trading, counterfeiting, leakage, etc., etc.. lol
“Criticism Of The Government And Assurances That The Budget Will Not Be Passed Without Adjusting The Dollar Exchange Rate”
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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