Dinarland Highlights for March 14, 2022

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Dinarland Highlights – 3.14.22

MilitiaMan (KTFA)

At some point Iraq may be in the AMF basket of currencies (Arab Monetary Fund)…the AMFs way of calculating the exchange rate…shows me that there is a strong probability that the IQD will be strong in pricing going forward. The fact they have massive oil deposits, massive Sulphur deposits, massive of revenues to come from customs, fees, taxes, tariffs, tourism, etc., will support the valuation the IQD far better today, then the past 10-15 years…

Article:
Al-Faw port .. Funding is enough for September and a government step to overcome the budget delay

The mention of the a difference in exchange rates is very interesting…The budget is in Dinars but the contract is in Dollars. The large difference in amounts after changing the exchange rate between each other is by recalculating costs. So they have a new system in place to account for the differences…if there are any delays, then they are all set with the new system to take over.  …The new system when the …exchange rate changes…will calculate the differences in the exchange rates. Sounds like they have it set up for a seamless change over. All good to go imo…

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Pimpy

Community Sentiment:
It was so easy to devalue, why can’t they just revalue?

It’s not ‘revaluing’ we’re looking for.  I think what everybody’s really wanting is the reinstatement of the old rate of $3.22.  There’s a difference between a revaluation and a reinstatement…I’d rather them take their time and do it 100% the right way so that it doesn’t fall back down…

I know you guys are waiting for the big payday and I told you IMO I thought it was gonna get there but just not overnight.  I doesn’t mean I’m right.  It doesn’t mean I’m wrong.  I’m just saying you’re gonna see it go up in increments How much?  I don’t know.  But Sadr is pretty serious about dealing with this exchange rate issue…

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Breitling

It’s always about what markets are they [Iraq]  going to be involved with.  Always.  Once they add value to the Iraqi dinar how can they participate in those markets?  Who’s going to be able to accept it?  That’s why you’re watching Iraq go through all these banking laws – setting it up so it complies with the west…they’re restricted on what they can buy…They’re still going to sell oil in U.S. dollars but they’re going to back their own currency up with U.S. dollars and their currency will be unrestricted.

Believe it or not what you’re seeing with Ukraine is helping that.  The United States is more inclined to have Iraq comply.  Do you know why?  Because right now there is a competition…The west is trying to confirm who is with us.  Iraq wants to be part of the American western system.  End of story.  Any country that says they want to be part of the Russian system is because Russian has their proxies in power in those countries.

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MarkZ

[via PDK]

I do not know if the Iranian strike in Iraq has caused any type of delay or not. I have been unable to get a response from my 2 best contacts on the ground in Iraq…Hope to find out if we are still on track…the goal in Iraq was for today…

This article has a lot of folks concerned…”The Federal court postpones the lawsuit to raise the price of the dollar to 4/4”  This has me feeling very good right now. I am told – not by Iraqi sources but, by sources here in the US that this is when they expect to be done. I am being told that they expect that we have finished...redemptions before then.  Keep in mind that it may take 3 weeks to a month to get us all in and done…so they have to start this quickly if they are going to meet that timeline. So I am hearing that they plan on having the overwhelming majority of us in and out so that they can release the “international Rate” by or before April 4th.

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Sandy Ingram

There may never be a so-called revalue only a substantial increase in the IQD value against the U.S. dollar.

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Godlover (KTFA)

…There are still many unresolved issues…I do not believe the NSCN’s [New Small Category Notes] have been printed yet per a recent article & I do not believe the NSCN training has happened yet.

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Samson (KTFA)

Article:
The Federal Court postpones the lawsuit to raise the price of the dollar to 4/4″

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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