Dinarland Highlights for September 15, 2022

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Dinarland Highlights – 9.15.22

RVAlready (TNT)

Interesting situation. Sounds more and more that UN will force an agreement for the good of Iraq.

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Pimpy

[Response to Guru Nader’s 5 dinar note video shown below]

And the crowd goes wild!  Apparently a new lower denominated dinar is flying around the dinar community.  People are celebrating…If indeed the central bank was issuing five dinar bills well then that would mean the dinar exchange rate would have to be up there high enough to give us some type of value.  Who knows maybe…1 dinar for 1 U.S. dollar.  Maybe 2 U.S. dollars for 1 dinar…if a lower denomination was indeed issued then that would mean that a rate change is coming and that’s what everybody’s excited about...

Let’s take a look at it…this is a bill…As a collector this is exactly how I’d love to see it – Nice, flat, crisp, centered, no marks, no folds, nothing and a protector just like this.  But that’s just it.  It’s a collectable people.  This is from the 1980s.  This is not a new bill...(See eBay – Iraq P-70 5 dinars year 1980 Waterfall Uncirculated Banknote )…it’s a beautiful note.  I like the colors but sorry people that is not a new banknote...

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Nader From The Mid East

I just published a video with…the 5 dinar banknote. [see video below]  But I don’t know if it’s the real thing or not.  I have no idea.  The guy took the video and sent it to me.  I was excited to see it…and I wanted everybody to see it...the only thing he said, the new notes will not be out before 2023.  We’ll see what’s going on.  He’s my friend.  He’s from Iraq.  He works in a bank…

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Frank26 (KTFA)

A picture of a five Iraqi dinar.  Everybody’s saying, ‘Look there’s a new small category note.  There is no zeros on there.  That’s a five.‘  All you have to do is look at the batch number.  Blow it up and you can see the batch number and then you’ll know exactly those are from the Saddam/Swiss era…

[Iraq boots-on-the-ground TV report]

FIREFLY: Saleh is on TV says our cash reserves will be over $100 billion and that’s the most ever in our history.  He said he got that from the governor of the CBI and he said that money has to be used to advance Iraq .  It’s for investment and to grow.

FRANK: Saleh is telling the citizens of Iraq your currency has value.  It’s going to be paying things off.  It’s going to be well received by the rest of the world…

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Bruce (The Big Call)

[via WiserNow]

Iraq, who has brought out their new Iraqi dinar and we had three confirmations all from Iraq, that they have been using that new currency and exchanging Iraqi dinar since Sunday in the Middle East…the term for the new Iraqi dinar in the Middle East is the “Golden Dinar”.  That is the currency that is going to be used between all of the Middle Eastern countries as sort of the go to currency for the Middle East, doesn’t mean the other countries won’t have their own currencies – But the golden dinar is recognized as so strong, that it’s going to be used as a currency.

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MarkZ

[via PDK]

Regarding the new $5 dinar note…there is a 1981 note that looks very similar. The old notes have a watermark and the new notes have security features and a holographic watermark…

I have been deep diving on this with other people around the globe to make sure we give accurate information. I am certain these are new notes being talked about.

It was exceptionally quiet overnight on the RV front…we are still waiting on the timing… A couple large groups let me know yesterday that things are still moving and to stay confident….

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Samson (KTFA)

Article 1:
Al-Kazemi’s advisor : The financial surplus may reach 25 trillion dinars at the end of the year”  Quote: “…while noting that the inflation rate rose 10 times due to the change in the exchange rate.

Article 2:
Oil pushes Iraq’s cash reserves to a historic high

Quote:
The country’s reserves have reached the highest level achieved by the central bank since 2003,..gold reserves exceeded 130.4 tons, worth $7 billion, bringing Iraq to the thirtieth place globally and fourth in the Arab world…

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Sandy Ingram

Article:
Law proposal includes financial aspects and $100 billion reserves expectations

Iraq has never experienced or witnessed this type of growth before.  Iraq expects the currency reserves to reach 100 billion if oil prices remain high until the end of the year.  The technical advisor to the prime minister explained that this figure will support the stability of the Iraqi currency. 

Here’s why this is important – someone within Parliament wants to implement a new law surrounding finances…it appears the white papers are 100% in effect and the foundation of Iraq is sealed.  It does not matter who the next president or prime minister is if the laws of the federal court are followed.  Iraq will grow financially regardless of the political environment.

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Breitling

Let’s talk about Iraq and the threat for Iraq to add value or not to add value.  Right now they’re making a ton of money.  They’re not worried about it.  It doesn’t mean they’ve shelved trying to be Swift compliant and trying to open up their markets to the west.  They’re still working on that right now.

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Walkingstick (KTFA)

[via Frank26]

[Iraqi bank gentlemen in US banks update]

One is preparing to return back [to Middle East ].  The other is saying because he has to run the bank that he owns.  They’re in the process of training the tellers.  They are still on target to try to open by the end of this month into the first week of next month…the one who is staying bought some land.  Actually he bought a lot of land and he is going to build a home.  He has to say here.  He has to run that bank.  It’s serious.  They are treating it seriously...

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Clare (KTFA)

Article 1:
“The Central Bank separates the work of the Deposit Insurance Company, the development of the payments system, and cooperation with major international banks”

Article 2:
“The Central Bank announces international cooperation with Iraqi banks”

GREAT ARTICLE!  The Central Bank announces international cooperation with Iraqi banks.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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