Dinarland Highlights – 4.29.22
Fleming
Parliament agreed with the Ministers to launch the ISO 20022, at a rate of $3.22 USD TO 1 IQD. The Parliament also said if this RV is not completed by the end of this month of April, 2022, then nothing can happen until the end of May…
______________________________________________________
Kaperoni
Two articles today from Iraq… The first article is talking about deleting zeros which is a LOP. Not what we want to see happen. The second article is from an economist who wants the central bank to forget about deleting zeros and simply improve the economy allowing the currency to rise as a result. This is the best solution.
______________________________________________________
Pimpy
People are blown away by how much dinar I have. I don’t have as much as people think I have. I have 5 million dinars. That’s it. People are like, ‘Why don’t you have more? Don’t you have any faith in it?’ Oh, no that’s not the problem…what people are banking on is an RI or an RV and I don’t think that’s going to happen. Of course I could be wrong. I think that currency is going to go up pretty quickly though…it’s going to go up in stages is what I think. How long that’s going to take I don’t know…the average dinar holder has 250,000 dinars…
______________________________________________________
MarkZ
[via PDK]
[I read that Kuwait and Iraq have agreement to be within .25 cents when they come out…from back in the Dr. Shabibi days…I think Kuwait is about $3.20 or so right now…]
Yes…they did that on purpose so they would not create instability in the region…they share a number of oil fields…Also, because of the port situation in Iraq and Kuwait… They want to be very close on currency values. So this should tell you what rate to expect for the minimum in Iraq.
… Its just very quiet and I think everyone is waiting for the “trigger”
Advertisement
______________________________________________________
______________________________________________________
Walkingstick (KTFA)
Question:
“It was said that the CBI would give at least 10 years to exchange is that still hold true?“
WOW I NEVER HEARD THAT…I DON’T KNOW WHAT TO SAY BUT ONCE THE NEW EXCHANGE RATE AND THE CURRENCY IS RELEASED THOSE GUIDELINES WILL BE RELEASED.
______________________________________________________
Frank26 (KTFA)
Question:
“It was said that the CBI would give at least 10 years to exchange is that still hold true?”
The CBI will give you ample time IMO at least a year or more…I think they’ll give you plenty of time. That’s the least of your worries…
______________________________________________________
Mountain Goat
Trust me folks they are not going to lop. Of course they have to destroy the older three zero notes. There is way too much of them to keep for inter-banking transactions, as they said they would do after the reinstatement. I keep telling everyone that the project to delete the zeros will NOT raise the rate (no RV). The rate only changes when they re-peg the dinar to the new IMF basket and reinstate and float it...Thus, the ones we hold are going to be burned and destroyed once exchanged…
—
Advertisement
______________________________________________________
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
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 © Dinar Chronicles
