Dinarland Highlights – 5.27.22
We are now in an unprecedented period of excitement for the IQD reinstatement to happen. I am hearing nothing but good information from all the sources including the Central Bank of Iraq, the IMF and the U.S. Treasury. The initial rate on the new Quantum Financial System (QFS) is way up there to $6+. However…I can not clearly see that it would or even could come out that high. It will probably come out at about $4+. But please remember that the project to delete the zeros must happen just before or just after the reinstatement.
I am still hopeful they do not pass the FSL, if they do pass the FSL, I expect the government formation to drag on for some time unfortunately…
“The Iraqi currency reserves are expected to exceed $90 billion by the end of the year“
They are quickly getting up there as far as their reserves are concerned…the more they have in reserves the more they have to support the economy as well as the Iraqi dinar which is what you want…we were all happy when they reached 70 billion now they’re projected to be at 90 by the end of the year. This is awesome. This is great news.
There is great anticipation for release of numbers over this holiday weekend and our redemptions starting somewhere around the first. Going full tilt next week…We have been here before…stay grounded…is it soon? I absolutely believe it is…hopefully by Monday we will be celebrating good times!
[ I am really hoping June 1 is the day.]
...I am still hearing a crazy number of confirmations that this is still their goal.
[Response to Guru Godlover below…]
I disagree… I hope they do pass the EFL. The citizens deserve their connotational [constitutional ?] rights. Those that support the coordination frame work would like very much they don’t [pass the law] … Those that are for the citizens do want the EFL, as it is like the 2022 budget, they are synonymous. In other words they are new exchange rate oriented. imo..
Nader From The Mid East
We’re waiting for them to vote for the food security…I don’t think the Food Security has something to do with the rate. It’s nothing. They’re putting 25 trillion dollars [dinars] to secure the food. That it.
Bruce (The Big Call)
...I think what we’re looking at…the first day of June…Wednesday...it’s possible that we do get this before the 1st of June It’s also possible that we get notified on the 31st and set our appointments for the 1st of June – (Wednesday)… it’s not from just 1 source – this is multiple sources that are confirming the timing on this and so I’m excited about that because it takes us where we need to go in less than a week… we’ll see what happens…
“The Central Bank of Iraq announces that foreign reserves have risen to $74 billion“
“noting that the financial situation in Iraq was “very excellent” compared to the countries of the region and neighboring countries…“
[Iraq boots-on-the-ground TV report]
FIREFLY: CBI governor talking about the exchange rate…in interview on news.
FRANK26: This is where it starts to get real…it’s getting close, be prepared.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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