Dinarland Highlights – 5.22.22
“Khazali reveals that al-Sadr accepted deputies from al-Maliki’s coalition to form a government and urges him to take an order”
We will be watching closely from here on out…They have pressure on all fronts now from the looks of it politically. As for the finance side of things the CBI, IMF and World Bank have had good reports and finished missions. I see this all coming to a head now. They all know that if they don’t act they will not survive…follow the money… Leaks suggests there is about 12 billion to watch…IMO.
“OPEC increases Iraq’s oil quota”
This will allow Iraq’s oil revenues to increase even more. OPEC has reportedly agreed to increase Iraq’s oil production to 4.5 million barrels per day in June of 2022.
[Guru] Nader of the middle east…mentioned …that the recent audit by the IMF stating how things are financially fantastic over there, but they need to take care of their less advantaged citizens and that they need to increase their rates. He also talked about how soon it should be. That was a discussion in Iraq yesterday…in their mainstream news they are saying now that they have balanced their books and paid all their debts it is time to change that value…soon.
A country’s currency value is not a random act. A country’s currency value is determined by GDP, the amount of currency in circulation, the success of a country’s economy as well as the type of exchange rate regime such as a float, basket, etc that it’s in. Nothing is random.
Well, it looks like progress is finally being made on the political impasse in Iraq. I hope this leads to a government and an RV soon. Seems the IMF and WB in Iraq last week made it clear that the world is tired of waiting for the RV, and Iraq needs to make progress quickly.
The Iraqi currency is a real currency. It’s not a scam….there is opportunity here...You have your dinar and you protect it tax wise at all cost. That’s your guarantee.
Yes, I already heard the rumors that somewhere in the 2022 budget the rate change is supposed to happen. There’s no indication of that at all. None. A lot of people have been asking me and I said hold tight because I thought well let’s go see. Did they say anything about it? There’s nothing out there at all that gives us any kind of indication that the budget has included any type of rate change of the dinar. That doesn’t mean it’s not there. What I’m saying is there’s no proof of it...
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
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 © 2021 Dinar Chronicles