Dinarland Highlights – 9.6.22
“The General Secretariat: Automation of outlets has raised the value of revenues for three years“
The borders will support the value of the currency aside from oil and other minerals, tourism, etc..
“The US and the UN do not bode well for Iraq and our investment…”
I have the most positive outlook in the end result happening and yes the CBI is geared for that event. To say that the US and UN is…a bad thing, you might better study that a bit deeper…money will trump everything. This is not only about Iraq. Please consider the recent remote meetings…with the largest financial entities in the world this last week…It was about global financial security and that my friend includes Iraq and a basket of currencies in the region…With all the data out there…We are in the best place we have ever been, imo.. We know more and have more evidence than ever that the reforms are still under way…
…the news broke this weekend… there is a $3.71 street rate…now we need to find out “when” will it make it to us? I was told contractors should receive this rate around the 15th of this month in actual dinar…not in other currencies.
There is really great chatter out of Iraq right now with their intentions…they intend to within the coming days before the 16th and 17th have their rate out. This is coming out of the CBI…Based on what I am seeing and hearing from the CBI- They are positioning and preparing for it now…there seems to be a concerted push to get that rate out…I believe we are about to see something very positive from the CBI in the very near future…
On just the RV front we have arrests going on in Iraq and from the tier 3 front I have received a number of emails today from folks in tier 3 that have now signed NDA’s…this started late last week through the weekend. We had some folks that have signed them before, but now we are seeing fresh, new NDA’s for tier 3 which involve groups and individuals who have currency with groups. I think this is a positive sign we are moving forward. Why would they sign fresh NDA’s is we were not any closer? They are letting me know they won’t be talking about any specifics any more.
“FITCH: IRAQ’S GDP GROWTH IS ABOUT 8%“
…for Iraq to have a GDP of 8 % is fantastic and just more proof they are manipulating the rate of the dinar since at a rate as this the economy must be moving and with rapid growth. So they don’t need to rebuild their economy for the rate to be reinstated. What they need is to stop the corruption and free the economy to a global international economy…
[Referencing Guru Nader’s friend’s video of government official being arrested.]
When it comes to these super senior official timing is everything especially when there are two political forces that are battling with one another…I have a feeling this individual is somehow someway linked to Maliki…
“Iraq security official Arrested Over Bribe: Graft Bod“
“The unnamed official was caught red handed receiving the bribe…the arrest was filmed and the video shared on social media showing the arrest in his office as a stack of dollars was pulled out of his drawer…“
Shout out to [Guru] Nader…definitely got people’s attention that’s for sure…
“Soon.. Al-Kazemi to America“
“Al-Kazemi will go to America, in order to participate in the meetings of the United Nations General Assembly, to replace the President of the Republic, Barham Salih...”the reason for Al-Kazemi’s departure instead of Saleh is to discuss political developments and repercussions on the security and economic levels, and the opinion of the international community on this crisis…“
“Iraq is on the “white list” of countries in the fight against money laundering”
“Last Thursday, the European Commission delegation delivered a letter to Prime Minister Mustafa Al-Kazemi, which included removing Iraq from the European Union’s list of countries with high risks in the field of combating money laundering and terrorist financing.”
If we do see the Federal Court passing a law that…dissolves the parliament, get on your horse and buckle it up really good…and gallop as far as you want in celebration. The moment we have a government things are going to move a lot faster…
“Transparency and Financial Disclosure is a Strategic Approach for the Central Bank of Iraq“
The Central Bank of Iraq is taking a firm & strategic approach…with dealing with international financial organizations in order to restore confidence in international banking transactions…It’s important because it implies the country wants to repair the reputation of reports of inaccurate data and information and play nicely in the sandbox with other central banks and other countries…
Only with the success, growth of Iraq’s economy, and an increase in GDP can the dinar go up in value. As stated by the IMF Article IV Consultation from 2013. I can assure you nothing is going to happen with the Iraqi dinar this year, and for that matter it could take months or many years because Iraq has a lot of work to do and the continuous infighting doesn’t help matters.
[Iraqi bank gentlemen in US banks update]
U.S. citizens in these [CBI satellite in the US] banks can exchange currency. But they cannot deposit IQDs in these accounts. No one will have an IQD account because these accounts are in America under American banking laws. All these accounts will be in the form of USDs. The main thing these banks will do is exchange and transfer IQDs for the convenience of Iraqi citizens around the world…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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