Dinarland Highlights – 8.13.22
The CBI once again stressed that they are the only ones that can change the rate. It has nothing to do with the government. And as long as the government looks peaceful and settled they can go ahead and move forward with the rate. They let us know this again…We find this very interesting.
[At one time we heard the VND will be 85% of the IQD…. What do you think?]
I Think it will be more like 50-60% of the iQD…but I hope I am wrong and they are right.
They [Malki and Sadr] are at an impasse. They’re not going to come to any agreement at all…it’s going to get to a point where a civil war actually breaks out. I don’t want it to but it could…
Right before this election things seemed to be well on its way on the best path we could possibly go… Iraq met the qualifications to be released [from UNSC Chapter 7]. In addition to that they’re being expedited through The WTO organization academy. Al-Kazemi had implemented the reform white papers…Money was about to be invested into the private and public sectors. They were finding alternative ways to generate revenue away from the oil market…the cost of buying oil had increased…
This is the one thing Iraqi dinar investors are frustrated with all the time. Every time it seems like we’re starting to get to where we need to be then there’s always some kind of delay…something that pops up that keeps the Iraqi dinar exchange rate from increasing in value. If it ain’t one thing it’s another…the reason why people don’t give up their dinar is because the potential is there…I still think it will go up in increments. If the country can get their act together it’ll go up much much quicker than you think...
I am 100% excited about August 15th. Why? Because for the first time in this investment all banks in Iraq will be ready for the new rate. Al-Kazemi could announce on that date or afterwards…Then the next day the CBI can reinstate the currency…Or it can all happen at once within hours. Regardless the sequence can happen in a consecutive fashion or a concurrent manner. I am good either way…
“Central Bank of Iraq reserves return to levels before ISIS war“
The CBI announced that its cash reserves rose to $82 billion which is the level prior to the ISIS war and advanced 10 ranks in the list of countries with the largest gold reserves in the world with 130 tons. These factors play a huge part in a country’s foreign currency exchange rate…
“Commencement of construction of the “tallest” residential tower in Iraq“
“This project will be completed within four years, and its length is 210 meters, which is the longest in Iraq and includes 52 floors”
GROUPS LIKE THE UN HUMANITARIAN PROJECT…OR THE CHINA GROUP…OR THE INDIAN RESERVATION EXCHANGE…OR THE SHIP IN THE PACIFIC OCEAN UNDER INTERNATIONAL WATERS…OR WHATEVER THESE GROUPS HAVE MADE UP THROUGHOUT THE YEARS...TRUST ME…NOBODY IS GOING TO GIVE YOU MORE THAN WHAT THE CBI WILL GIVE BECAUSE IT’S AGAINST THE LAW TO HAVE TWO EXCHANGE RATES FOR ONE CURRENCY...SO CALLED NDA IS NOT TRUE. IT’S LIKE THE SO CALLED 800#…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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