Dinarland Highlights for August 22, 2022

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Dinarland Highlights – 8.22.22

Mountain Goat

I will say that something is in the planning stages with this IQD currency. Of course they are not going to give us a date. I still believe our best target is January 2023 but this too is conditional in forming the new govt and ridding Iraq of corruption.

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Frank26 (KTFA)

Article:
The Governor of the Central Bank of Iraq receives the head of the Iraqi Media Network

GETTING READY FOR A MEDIA CAMPAIGN WITH THE CBI…

The auctions are there because when they sell their oil in American dollars it’s then converted into Iraqi dinars.  The auctions are now being changed that whenever they sell their oil it’s being sold in Iraq dinar…There will not be an avenue where they can steal in the transaction from American dollars or foreign currency into Iraqi dinars

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MarkZ

[via PDK]

[Are we still looking at a month out?]

Not based on what I hear from contractors in Iraq. I think much sooner. But, none of us know the exact timing.

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Samson (KTFA)

Article:
Ahead of Egypt, Iraq is ranked 79th in the world as the poorest people in the world

Quote:
Iraq ranked 8th in the Arab world and 79th globally out of 192 countries listed in the table among the poorest peoples in the world, where the Iraqi per capita GDP amounted to 12,141 thousand dollars annually

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Sandy Ingram

Article:
Central Bank: Cash reserves to rise to $90 billion by the end of 2022

as a result of the rise in global oil prices…the increase in gold reserves and certainly the increase in cash reserves is part of the process for a higher exchange rate against the US dollar.

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Kaperoni

Many people don’t like the fact that I constantly state there is no RV. But that’s the truth, it’s not how monetary policy works…We have to hope that Iraq can diversify their resources away from oil and create a private sector economy that begins to flourish. Only then can the CBI allow the dinar to gradually appreciate via a float.

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Pimpy

…We know the dollar is declining.  I’ve been saying that now for quite some time…it’s dying.  It’s dead.  It’s like a zombie walking around…they [Iraqis] need to unpeg themselves, if Iraq was smart they would do the same thing that Russia does…if you’re going to buy our oil…you have to use Iraqi dinar, period…the country is already rich as it is, whoa, I can’t even begin to imagine what would happen if they did that

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MilitiaMan (KTFA)

If they dissolve parliament in a constitutional manner and it is legal, then there will be stability in the eyes of the citizens, the region and the international community. All of which are watching and converging for the same thing. The UN…told us that the political issue is not impossible and the reforms can go forward.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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