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Dinarland Highlights – 6.27.22
MarkZ
[via PDK]
What were we told to expect would happen at the end? Massive amounts of dis-information. Massive amounts of smoke…all kinds of conflicting statements to expect at the end… I think all of this is an extremely good sign that we are really close to it. This is what we saw before Kuwait…before Iraq last time…what we saw before China RV’d…This is classic textbook.
There is a whole lot of chatter from redemption centers …most of my people are looking at the very first of July now…but, I wouldn’t be surprised if we had it 10 minutes from now.
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Tivon (KTFA)
Article:
“Implementation of the Automation Program for Customs and Tax Receipts“
Game Time. The ATMs are ready. AYSCUDA is ready. BUNA Platform is ready. General Tax Authority is ready. Now Customs & Tax are ready. The HCL/Oil & Gas is ready. The EFSL is ready. And the contracts are signed…Everything is prepared for roll out. The hard currency reserves are covered so they can deal with any inflation from the onset of reinstatement if any were to occur. All of this occurred without a seated government or 2022 Budget.
Article:
“Iraq uses the policy of “raising reserves” to control inflation“
So here we are once again being reminded that Iraq has enough of reserves to cover the reinstatement of the Dinar…So when you compile everything as to all the sectors that is ready…You can’t help but anticipate what is next. And we know what that is. Al-Kazemi already gave the go ahead a couple of days ago. IMO
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Samson (KTFA)
Article:
“Parliamentary Finance denies the possibility of restoring the dollar exchange rate: it confuses the market and investment projects“
Quote:
“the Parliamentary Finance Committee denied what was recently reported about Parliament’s efforts to restore the exchange rate of the dollar to its previous level, 1200 Iraqi dinars for every US dollar.”
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MilitiaMan (KTFA)
Article:
“Al-Shammari: Talking about changing the exchange rate is a media bid”
Quote:
“Talking about changing the exchange rate is unrealistic…“
This guy is connected to Maliki all day long. imo…The EFSL is law. They have not yet exposed that fact in the Gazette… So, to trigger internationalism a new exchange rate is warranted…changing the exchange rate is not unrealistic in fact it is imo inevitable..
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Nader From The Mid East
They refuse to put back the dinar to 1200…They’re asking the CBI to put back the dinar to its previous exchange rate which the CBI has other plans by Rving the dinar…I’m glad they didn’t accept the 1200 because it’s not worth it for nobody…for me it’s good news. I prefer wait on RV than change it 1200 and wait 10 more years to RV…
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Kaperoni
Monetary policy of the Iraqi dinar is at the sole discretion of the Central Bank of Iraq along with the guidance of the IMF. No parliamentary signatures, news articles or political figures have input.
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Frank26 (KTFA)
Question:
“Spoke with a financial advisor and they said she was going to have to travel to Iraq and exchange her notes for small category notes and bring them back here to exchange for USD. Is this correct IYO?”
Go back to that person and ask them ‘Do you know how many dinar the United States Treasury has in its reserves right now?’ …It’s more than 54 billion American dollars worth of dinars…You think America is going to have to go into Iraq, convert them into NSCN and then bring those back to an American bank…? No. That’s not how it going to works.
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