Dinarland Highlights – 2.20.22
[Hearing anything on the Vietnamese dong?]
I still hear it’s going to be about $2.25-$2.30. This fits with the reinstatement rate from when the devalued it in the 60’s…that is what I am expecting.
“Baghdad markets are closed due to the decline in dollar exchange rate“
“The exchange rate of the dollar fell against Iraqi dinar.“
That’s what you want – the dollar to go down against the dinar. That means the dinar is gaining on value against the dollar.
There are tons and tons of articles…about the exchange rate. They want accountability. They want to know what’s going on. They want to know why it is that oil prices have been shooting up but the dinar rate still stays the same…we know the budget hasn’t been voted on yet so who knows maybe they will make a change to the rate in there…
Nader From The Mid East
We don’t want it like that. We wanted at least 1 to 1. We don’t want it on 125 or 144. We don’t give a damn about that. Seriously we don’t give a damn. You know we’re tired. Listen. Each time I travel for business, for anything like that, it cost me a lot of money. Tell you the truth sometimes I travel for business I lose money…125 doesn’t change anything for us. We have to go back at 2002/2003. The rate have to go back to normal. This is not normal guys. This message is not for you guys. This message is for the government of Iraq. It’s for the CBI…I want to reach the government of Iraq. I want to reach my government. I want to reach my people to let them know that’s it’s enough.
The reforms are waiting on the formation of the government and the next reform step is the rate change. Basically everything’s waiting on the formation of that government and then we can all get blessed with our rate change.
The dissolution of the committee with the UNSC on Chapter VII is slated for finality on 02/22/2022.. I suspect the IMF will make the decision to accept the new exchange rate and re instate the IQD to Article VIII…Let’s see what they do next. I’ll bet it is going to be powerful!!!
[Iraq boots-on-the-ground TV report]
FIREFLY: We now see that the Finance Minister is saying that since Iraq has paid off Kuwait and officially cleared, next Iraq will officially be cleared of Chapter VII sanctions on February 22nd…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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