Dinarland Highlights – 5.28.22
Bruce (The Big Call)
…Iraq did not put out the rate this week as we had been told but were being told from Iraq that the new rate will come out this weekend probably Sat or Sun so they can trade it Sunday night with the other countries in the Far East – the new rate I know what it is but I can’t say it – it will be a very strong in country rate and that will also be traded up probably – we will have an excellent rate for us – I am excited
“IMO, everything is in place they just have to do it…what do you believe still has to happen in order for them to be ready?”
What NEEDS to happen is a seated government imo. Even if a government is “prepared” already (hiding), then it needs to be made official. A government that no one can see, is no government at all.
Furthermore, if a government was in place already, it would benefit them to make it official. There is no benefit to hide them. There would be no reason for them to not announce their new government, if it was already formed. So much cannot happen with the current government in place per articles. As stated in previous articles, the current government may get a vote to grant them full authority…we will see. But until one of these scenarios happens, they are in limbo.
“The arrival of dollar reserves to 90 billion, ringing the bells of the exchange rate”
“Calls are rising among the popular and political circles, to reduce the exchange rate of the dollar against the dinar, after the foreign currency reserves in Iraq witnessed a jump during 2022…the step of raising the value of the Iraqi dinar, if achieved, will make the dinar a competitive currency that helps lower the prices of commodities and foodstuffs in the markets. According to the experts…”
I am really hoping over the next few days we all cross the finish line… I did hear one more confirmation of an expected long work days starting on Tuesday at redemption centers. This is from a redemption center employee. I am really hopeful we get some kind of notice by midday on Monday… I am getting positive news out of Iraq as well…they hope to move forward with new rate soon. I have not heard anything negative at all.
[Response to Guru Godlover below]
Let’s not forget that Kadhimi and his government had the budget ready long before now. Even before they supposedly became a caretaker. They could easily have put the budget forward at the end of last year if they had wanted to. Whatever they were waiting on then, is probably the same thing they are waiting on now. The articles are like riding a roller coaster but the truth is much less chaotic. We just aren’t privy to the schedule they have set. Nor are we privy to the date or the rate…Yet!
I saw someone make a post earlier and they said ‘I don’t understand, 25000, you remove the three zeros, you have 25 dollars…this is a stupid investment. ‘There are 3 zeros on the currency. What are you going to take a pair of scissors and cut them off and you have a 25 note? The 3 zeros they’re talking about are on the exchange rate. Once they lift those three zeros that 25k note becomes 25,000…
Nader From The Mid East
The reinstatement will not go more than 1 to 1 to start then it floats. That’s how it’s gonna happen…I don’t think it’s gonna be in the $6…no country will be in the 6 against the dollar…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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