Dinarland Highlights for July 24, 2022

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Dinarland Highlights – 7.24.22

MarkZ

[via PDK]

Article – This is important:
Central Bank: Paris will be the starting point of the Iraqi Banking Sector towards Europe

This is the Central Bank of Iraq. And it says Paris will be the starting point.  Why do they need to be expanding all over the world if they have a useless currency?

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Mountain Goat

… a week ago…Mazhar Muhammad Salih, said and I quote – “Changing the exchange rate is possible, but it requires patience and careful study,” adding, “We need to cook on a quiet fire and monitor prices until the end of 2022, oil prices and foreign reserves.

To me this is telling us not to expect any change in the exchange rate of the dinar until at least the end of 2022…I firmly believe they are trying to pay off their debts prior to the RV. They already paid off all war reparations to Kuwait- good news! They can also pay off the IMF loan by the end of the year if oil prices remain high – good news!

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Walkingstick (KTFA)

[via Frank26]

Everything the CBI needs to release the new exchange rate to Kazemi and his GOI is already in written form.  Written is the information of what the citizens and the world are learning about the monetary reform to its directives.  

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Nader From The Mid East

People are asking a lot of questions – Do I have to travel to France to change my dinar?  …The article says the starting point is Europe.  They’re not talking about United States.  The starting point is Europe for the banking sector…will be Paris and France.  United States we don’t know what city.  It could be the capital Washington, New York, Miami.  I don’t know.  It’s going to be a big city just like they doing in Europe.

For us [United States]… Australia… Asia…China we don’t know what city but…once they start they will start all over the world…You’re not going to have to travel to anywhere to change your dinars.  If it’s going to be international, it’s going to be international.  If it starts in Europe it’s going to start here [U.S.] the same day, same hours and minutes, same everything

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Jeff

The rate change is in front of you right now…you’re waiting on that government but it is done formed and complete they just can’t show it to youeverything happening in Iraq right now is happening around the rate change date.  It’s the nucleus…the formation of the government is revolving around the rate change date.  That’s why they keep kicking the political can…it’s synchronized…and aligns with the scheduled rate change date.

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Tivon (KTFA)

...We are just about there…the EFSL was not a fluke…It cut through all the BS we have been enduring for all these years. The writing is on the wall. Great times ahead for everyone. We are either days or weeks away. I wonder if the CBI still plans on making a move this week? We’ll see soon enough…

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Sandy Ingram

Why would Iraq or any other country want to increase their currency value against the highest currencies in the world today?  Why not leave it alone?  The answer is simple.  When a country’s currency value is low against other currencies in the world, people in that country cannot afford certain necessities.  When we look at Iraq we see that they have a unique situation because OPEC has always required that oil revenues be paid in U.S. dollars. 

Thus Iraq earns in U.S. dollars and spends in Iraqi dinars so they are in no hurry to revalue their currency.  They need to purchase military equipment from France or the United States – they use dollars.  When they need to build housing for the Iraqi people they use Iraqi dinars.  The wealth transfer coming from Iraq is a more feasible wealth transfer but only after Iraq gains control over the overprinted IQD

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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