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Dinarland Highlights – 3.20.22
MarkZ
Redemption center folks are not working this weekend…but got a heads up…they will be working on Monday. What most of my banking sources in Reno are hearing it is going to be early this week. That is what they are being told at this point.
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BobTheTaxMan
The only problem we have is – the thing that we don’t know – Is this going to be a free-float or not? Because if it’s going to free-float it’s going to have a lot of volatility…
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MilitiaMan (KTFA)
Question:
“Would love your thoughts on all recent articles that refer to the previous rate..can you really disregard the rate in Dec.2020 before they lowered rate of Dinar…?”
A previous era apparently denotes a start and end time of a significant event…The relatively recent period since they devalued has far less impact than the era that was considered the GLORY DAYS of roughly $3.22. Those days had a rate that was not under sanctions. Like now…as Chapter 7 has been lifted. Reverting back to program rate of 1190 would put them right back to a program rate and would likely not ever allow them into the international arena.
The amounts of monies to be collected at the ports and borders will be staggering imo and will support far more than 1190 or even 1200. It will likely support an era of the Glory Days. They told us the worth of the Dinar in 2017 was worth $1.17 based off only oil. Add in the rest and inflation one should easily see that the REER will be a far cry over 1190. That will in the end be when the rate of 1190 or even 1460 is disregarded and rightfully so, by me. imo
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Godlover (KTFA)
Article:
“Al-Fath announces the filing of a lawsuit with the federal court regarding the exchange rates of the dollar“
Quote:
“there is a lawsuit submitted to the Federal Court, to restore the exchange rate to what it was, and we are waiting for a response from the Federal Court.”
I pray this is not accurate, however most of the articles on the exchange rate either state the same thing or imply it.
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Pimpy
People are like, ‘They’re going to change the rate.‘ No. I already told you what some of the factors are. How are you going to change the rate if a government isn’t even established. There’s an e******n but there’s no government. The budget hasn’t been passed. There are a lot of other factors in there that need to be taken into consideration before you could talk about the exchange rate…
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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