Dinarland Highlights – 5.4.22
The IMF told IRAQ that $3.23 USD would be a fair price per Dinar. Iraq won’t start with this rate to the world, it will begin with a front screen rate of 1 IQD to $1 USD which has long been discussed. Then, it is suspected that in 5 to 10 days, it will go to this price and possibly beyond. No doubt, they want to capture all of the poor people first rushing in to get this 1:1 rate.
“International Monetary: Iraq’s Revenues Will Reach Nearly 150 Billion Dollars In 2022“
This is awesome, awesome news. This is something that people should be excited about because this is a big portion of a good reason to change the exchange rate (but not all the reasons)…
“the IMF expected that Iraq will achieve a jump in it’s public revenues during the 2022 year…with annual change rate of 73% over the 2021 year.“
That is phenomenal. That’s a huge jump.
“Despite the Sadrists’ statement, the coordination framework announces an effective rapprochement at the beginning of next month“
Here the Coordination Framework announced…everything is honky dory. The coordination Framework will join up with Sadr movement and they will form the largest block. They’re making it sound like everything is peaches and cream…only to have Sadr come behind them and deny them all together…
“The International Monetary Fund expects a jump in Iraq’s public revenues of nearly $150 billion“
“it is expected that the Arab oil-exporting countries will witness jumps in their revenues during the current year, in conjunction with the rise in oil prices globally,” noting that “it is expected that Iraq’s revenues during 2022 will reach 149 billion dollars.” And an annual change rate of 73 percent from 2021.“
Iraqi contacts are squarely looking at between the 7th and the 10th for a new currency rate…I was told weeks ago to watch between the 5th and the 7th for a new rate…now it looks like its between the 7th and the 10th. I did get more news on tier 3. All I can say without getting anyone in trouble…is on a different continent I have a tier 3 contact that says “yes-some tier 3 money has moved”…it does appear to be a slow roll-out…or maybe it’s just a warm-up…but I am very excited about it.
[What are your military contacts saying?]
They are looking squarely at mid–May. They are expecting huge changes over the next week and a half.
[Do you think the RV will happen even if Iraq doesn’t have its government in place?]
Yes…at some point …They have already made it very clear the CBI has the authority to do it. The CBI is separate from the GOI and the IMF is screaming at the CBI to change the value of the dinar alread.
“Ahmed Al-Rubaie to / NINA /: The political forces with a quick solution to the political blockage..and no indications to proceed with early elections“
There was a major announcement [ISO20022]…the closest thing to it [that announcement] would be for them to tell you what the new exchange rate is. This [ISO20022] allows them to tell you what the new exchange rate is. It’s extremely exciting.
“if Iraq creates a LOP how are investors impacted?”
The proposed idea is a neutral event. Meaning they’ll be very little gain. We do not want to see this occur. There are many economists in Iraq that do not agree with a LOP and think that Iraq should leave the dinar alone and grow the economy.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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