Dinarland Highlights for June 11, 2022

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Dinarland Highlights – 6.11.22

Mountain Goat

On Wednesday, the Iraqi parliament approved the “Emergency Support for Food Security and Development” law…Folks, this law has very little significance on the project to delete the zeros and the reinstatement…I can tell you with 10000000% certainty the new RV rate is NOT in this new food security law…

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Nader From The Mid East

A lot of people talk about ATM.  We didn’t see any ATMs.  The ATMs exist already.  They’re in the banks.  You can go to the ATM and get money from it.  I don’t know what they’re saying about ATMS installed everywhere.  So what, it’s not a big deal….

Community comment:
When the reinstatement happened it’s gonna be redemption centers and it’s gonna be army bases.

Army have nothing to do with it…You cannot go to any army base and change your dinars…about the redemption center, I don’t know how it works over there, I feel like it’s not real redemptionThey give you more money than the dinar cost?  Why?  They’re gonna lose money just to make people make money?  I don’t think so.

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Bruce (The Big Call)

[via WiserNow]

Iraq – they did what they said they were going to do – yesterday – with their rates and it’s a good opening starting rate in country and internationally – it will probably get up to about 8 in a couple days ok just to let you know – and our rate would be much higher than what we’re talking about as an international rate…  remember we have the potential to get the highest rates available at the redemption centers just to let you know…

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Tivon (KTFA)

Bottom Line. The FSL is working its magic…Citizens Entitlements was apart of the package. And we already know what comes with that.   All of this being done without a seated government or 2022 budget. So how important is it really to the reinstatement if we are on the cusp of receiving everything without one? …

Article:
A Legal Review Of The Pros And Cons of The Food Security Law”

Quote:
Al-Tamimi said that it “will be implemented when it is published in the official Gazette and when it is approved by the President of the Republic.

…This is for people who assumed a rate was going to pop up as soon as the vote was done. They have to then…follow up with the relevant authorities to implement the FSL. Now that we know they are waiting on the publication and the President of The Republic we can relax and let this play out.

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Breitling

Question:
Are you still looking at a rate of .50 to .60 cents or has that changed with everything that’s changed in the world?”

I haven’t heard anything outside of that.  50 to 60 cent range and then they’ll work up to a dollar, a $1.17 actually.

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MarkZ

[via PDK]

The chatter has been phenominal …banks are reporting much more movement then it has in weeks…probably months...There is a whole lot of chatter…on movement and funds being released over the weekend for the beginning of next week so they have spendable liquid cash…bankers out there being given promises…we will see in about 48 hours or less.

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Pimpy

Article:
NATO to Al-Kazemi: Iraq is a pivotal country in the region and the world

We know that there are many countries that are eyeballing Iraq…they are the gateway to the Middle East.  There are a lot of countries interesting in getting their claws in on Iraq that’s for sure…

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Kaperoni

The new food security law has no new exchange rate…There is no discussion at this time in Iraq about a new currency,..there is no new currency or small denominations coming out in the near future…

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MilitiaMan (KTFA)

Article:
The Governor of the Central Bank inspects the work of a number of private banks

Those Private Bank inspections are to make sure all is ready for that launching of something special for the citizens.. I am not lost on the Central Bank of Iraq Governor that brought gifts to the Central Bank of England in London a couple weeks ago..[See Militiaman Post from Yesterday] That was something special. The world knows it as well as you an I..

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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