Dinarland Highlights for April 19, 2022

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Dinarland Highlights – 4.19.22

Mountain Goat

…All the news is very good. …the CBI once again announced that the monetary reserves are very high. We know the IMF requires just 45 billion for financial stability and they just announced reserves of 70 billion. We know for a fact the reserves are actually around 90-100 billion as they sometimes include the gold reserves valuation in the total and sometimes they don’t.

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Walkingstick (KTFA)

A caretaker government will not introduce a new exchange rate.  A caretaker government is just that, to keep a functioning government body.  The new exchange rate will be introduced by a seated government.

Question:
Do you think 2 to 1 is enough Is it possible for them to consider in their recalculations to make it go even higher?”

Yes for the fact they are now looking at the introduction of a currency basket not on par with the USD…

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MarkZ

[via PDK]

It has been so quiet…  I am hoping it’s the quiet before the storm because it has been silent on all fronts this week...I think we will have slow, steady disclosure going on throughout the week… I also think we are on high alert. I am stunned we are still sitting here waiting and it’s already April 19th… Iraq has already had meetings on what to do with the abundance of funds they are about to have.

A lot of banking contacts reached out to me today and I am very hesitant to even say it but…I will let you guys manage your own expectations and I will share what I have heard…I think April is going to be fantastic. The banking side has expectations of an announcement on Thursday…my phone has been blowing up with this story of banks expecting to start giving notices on Thursday. This is from banking personnel…I do not know how much credence to give this so don’t make any decisions based on this…I am hopeful that perhaps this is it…but…

There is conflicting news coming out of Iraq which we always expected would happen at the end. We were told to expect Iraq to put out all kinds of “dates” when it was close…That is what we are seeing. If you read the Kuwaiti newspaper the day before they revalued theirs…they said the RV was about 3 years away…conflicting stories with dates all over the board…then they RV’d it that next morning…I am praying they are right with this news about Thursday from the banking side.

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Frank26 (KTFA)

Article:
The Dollar Exchange Rate That Will Be Approved In The 2022 Budget

WHY DO YOU NEED TO APPROVE THE EXCHANGE RATE FOR THE 2022 BUDGET… WHEN YOU ALREADY HAVE AN EXCHANGE RATE… UNLESS YOU’RE GOING TO CHANGE IT.

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Pimpy

Everybody’s wanting to know about the Iraqi rate change.  I’m going to tell you right now, until the government is formed, the budget is passed, more money is invested into the private sector – that is not going to happen.  I know that’s not a popular thing to say but…we stay grounded.  I’m not here to blow smoke up your butt.  I’m here to just be realistic about this investment…

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Clare (KTFA)

Question:
Will the IQD be asset backed when there is a change in rate?”

YES, BECAUSE IT IS ASSET BACKED ALREADY BECAUSE THE AMOUNT OF WEALTH IRAQ HOLDS IS AMAZING!!! IMO  THE CBI RESERVES ARE VERY HIGHCOUNTRIES HAVE INVESTED & CURRENCY SWAPS HAVE TAKEN PLACE  … BECAUSE THEY KNOW WHAT IS GOING TO HAPPEN IN  IRAQ!

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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