Dinarland Highlights – 4.22.22
I suspect after seeing the UST, WB, IMF, Deputy Prime Minister, Alawi, in meetings of late, is a sign… A big one…many players …at the “End Game!” IMO
[via PDK] [how long after the dinar goes will the dong go?]
They should go at the same time unless Iraq gets tired of waiting and goes with the NEER rate ($1.60) I think there is a 1% chance of that. 99% chance they will go at exactly the same time.
My Redemption center contacts will be on call this weekend. They do not know if they will be working or not. It’s been a ping pong game with them…one day they are told to get ready its happening…the next day…stand down…not ready yet. I think this tells us just how close we are that they have everyone ready to jump at a moments notice…This has been a very strange week. Hurry up and wait…There are a lot if indicators for May 2nd to May 7th for a new government in Iraq. There has been more conversations about the NEER [Nominal Effective Exchange Rate]…it is interesting to watch.
Great article came out of Iraq today. “Minister of Finance: The International community supports Iraq by implementing the white papers, and we do not need financial support”…This is referencing again that everything is fixed…they want to move forward… white papers have fixed a lot of things. Good article today.
“THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120 THOUSAND IN THE 2022 BUDGET“
“There is no truth to the news circulating on social media and attributed to the Undersecretary of the Ministry of Finance about the existence of ongoing discussions to re-reduce the price of the dollar to 120 thousand dinars within the 2022 budget“
I have told everyone over and over again that the RV is NOT in the budget nor will it ever be in the budget.
“Iraq… Ambiguity surrounding the 2022 budget”
WHAT’S IN THE BUDGET… THE NEW EXCHANGE RATE.
“The Prime Minister’s spokesperson is hosted by Parliament to discuss the budget“
THE TALK ABOUT THE BUDGET AND THE NEW EXCHANGE RATE IS HOT!!!
“Ukraine – Russia will it effect the monetary reform?“
Not at all.
“Is the Russian ruble gold backed?“
In reality, no.
“the parliament votes on the budget, then send it to the President to be implemented. So far Parliament has not done anything in regards to approving it, it does seem that they have not even received it yet…imo“
Yes imo parliament will need to vote on the budget, with or without a new rate prior…Of course, a new government is needed prior to any monetary reform…if Kazemi gets to continue, it needs an official announcement. With that said, this new food security law seems to be an option they are trying to pass with urgency, anticipating the process for a new government seating could take awhile, as well as the budget approval.
Things are really starting to look good for Iraq in many different ways. If they could just get past this political blockage, get a government formed…stick to the white papers – then I think they’re going to do really good. The World Bank and IMF have been making some really strong predictions for Iraq’s economy and if they can stick to where they are it’s going to be really good for them…Iraq is recovering way faster than they thought. I haven’t changed my mind, when Iraqi dinar goes up it’s going to go up in increments…
Bruce (The Big Call)
…Iraq is going to do their thing finally this weekend – they have been pushed…it appears they are going to do it – my gut is they will do it Sunday... What I’m hearing and this is coming through a Wells Fargo contact by a Treasury representative it’s indicating that we will have – that the RV and GCR – is scheduled to take place this weekend…I’m hearing we’re supposed to get notified over this weekend and if we’re not started over the weekend that we would start exchanges Monday…I think this whole thing is going to come together in a beautiful picture and we’ll be amazed when it does…
My personal view is I still believe that Iraq will float the dinar allowing it to gradually appreciate as the economy in Iraq prosperous. Which means it’ll be gradually over time and it’s going to take a while. I firmly believe only with the success of Iraq’s economy can the dinar appreciate in value.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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