Dinarland Highlights for February 23, 2022

0
548

Dinarland Highlights – 2.23.22

Pimpy

Article:
A new drop in the dollar in Baghdad…and exchange offices:  the currency market is turbulent

Here we go…What they’re saying is the U.S. Dollar is dropping in value against the dinar…the changes are…not huge but they’re at least happening…talking about 13 dinars…I don’t expect the US dollar to fall overnight although it’s very possible but it is going to gradually go down…what they’re trying to say here is the rumors that are floating around is that the dollar is losing its value against the dinar and a new rate change is going to be announced...

People don’t know the difference between and RI and an RV…When we are talking RI we are talking about a reinstatement – to restore someone or something to their former position or condition.  So to put back to where it was.  When you talk about an RI that means whatever the rate was before the program rate. I believe it was $3.22…this is what everybody is hoping and waiting for right here – the RI.  The RV is a little bit different

RV/revlue – assess the value of something again.  Adjust the value of a currency in relation to other currencies.  So a revaluation is just changing the value of the currency.  That’s all it is…anytime they change the value of the dinar.

______________________________________________________

RVAlready (TNT)

[Iraq announces its exit from Chapter VII procedures]

Great news!!! This ends US direct control of the RV. However, US still holds controlling vote in the IMF.

______________________________________________________

Clare (KTFA)

Article:
The Minister of Foreign Affairs announces Iraq’s exit from Chapter VII procedures

Quote:
Iraq is no longer required to pay any additional sums of money in the future or deal with Chapter VII procedures.

______________________________________________________

Samson (KTFA)

Article:
After exiting the seventh chapter… Al-Kazemi tweets: A new beginning for Iraq to restore its role and presence”

Al-Kazemi said in a tweet, “Iraq has crowned its efforts on the path of normal relations with its neighbors, brothers and the international community by closing the file of UN resolutions that resulted from the absurd adventures of the former regime, and for which our people paid harsh prices for 32 years.

Article:
Legal expert: Iraq’s exit from Chapter VII of the Charter of the United Nations is a good sign

Quote:
The Security Council voted unanimously to remove Iraq from Chapter VII of the United Nations Charter after 23 years of political isolation and lack of sovereignty that came against the background and practices of the former regime…

______________________________________________________

RayRen98 (TNT)

Article:
What does Iraq’s exit from “Article VII” sanctions mean?”

Quote:
“… Iraq’s exit from Chapter VII will restore its legal status in the international community…

______________________________________________________

Walkingstick and Frank26 (KTFA)

We believe that what Mustafa did yesterday, when he yelled at the GOI/parliament, we believe that was part of a deflection of any speculation in either direction – negative or positive.  ‘It’s not happening.’  I can prove it’s happening.  Only pay attention to Mustafa and Kazemi.

______________________________________________________

MarkZ

[via PDK]

What we know is Iraq is out of Chapter 7 sanctions…they need to sit their government so they can raise the value of their currency. Looking like early March, but it could be sooner.   This is based on what we are seeing in the real world…its encouraging that they are very public about coming out of chapter 7 and change their currency values.  These articles are tangible…something we can see…we can see they are going to change the value of their currency.

Today has been one of the best news days…something lit up all the contacts this afternoon. Because I am hearing  good stuff from every direction right now. I am so excited with all the news coming in this afternoon. Redemption folks working this weekend…bond folks are beyond ecstatic tonight…everything is suddenly lining up in a positive way…It has been a very exciting afternoon…

______________________________________________________

Frank26 (KTFA)

[Iraq boots-on-the-ground TV report]

FIREFLY: Sadr’s putting pressure on the CBI and the Finance Minister saying get it done.  They’re saying that we need this new exchange rate to get our economic reforms from white papers completed

FRANK: Monetary reform then the economic reform…everybody knows it’s coming but the problem is that it’s parliament…just sit the new government down and they will give you the new exchange rate.

FIREFLY: Exactly.

______________________________________________________

Kaperoni

…So Iraq apparently had their meeting today at the United Nations Security Council. Iraq upon completion of payments to Kuwait now is officially out of UN Chapter 7. Though this is excellent news, it has nothing to do with Iraq ‘s exchange rate.

______________________________________________________

Sandy Ingram

Article:
“Currency Revaluation:  Historical examples”

In this article we learned more recent currency revalued that have created wealth for investors

Quote:
“The one thing that is clear about currency revaluations or devaluations, is that they don’t come with prior warning.  They just happen, catching most people unaware.  Central Banks and the international powers at play cannot share any information prior to an even happening, or it would undermine the economic impact”

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

______________________________________________________

If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
______________________________________________________

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © 2021 Dinar Chronicles

LEAVE A REPLY

Please enter your comment!
Please enter your name here